Resurgent demand for iron ore pellet feed to drive wedge within high-grade market

Stronger buying appetite for pellet feed products among Chinese buyers has led to higher seaborne premiums since late July, with market participants expecting a wider price gap between high-grade pellet feed and high-grade sinter fines, sources told Fastmarkets on Friday August 25.

Fastmarkets’ iron ore 67.5% Fe pellet feed premium cfr Qingdao index averaged $2.16 per tonne in the week ended Friday August 18, 9% higher compared to the trading week between...


Norman Fong

August 25, 2023

08:28 GMT