Spot DR pellet market bullish on strong demand; sources see higher premium for Q3
The spot market for direct-reduced (DR) iron ore pellet has been bullish because of strong demand, sources told Fastmarkets this week, adding that this suggests higher quarterly premium for pellet shipments in the third quarter.The spot DR pellet premium for high-quality material increased to $80-85 per tonne in mid-April from $75-80 per tonne late in March and early in April, those source said.
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