The settlements for BF-grade pellet premiums are double the $20/dmt premium in the previous quarter and 93pc higher than $24/dmt for DR-grade pellets.

Even as S&P Global Platts IODEX 62% Fe fines benchmark fell Dec. 14 to $154.50/dmt, total pellet prices indicated well above earlier levels.

The border port of Ceke in north China's Inner Mongolia Autonomous Region has witnessed coal imports of about 10.06 million tonnes this year, local authorities said.

The settlements for BF-grade pellet premiums are double the $20/dmt premium in the previous quarter and 93pc higher than $24/dmt for DR-grade pellets.

The 2101 ferrosilicon contract price on ZCE closed at 6362 yuan per ton on December 16.

Ludwigshafen, Germany and Paris, France – BASF and Eramet have signed an agreement to jointly assess the development of a state-of-the-art nickel and cobalt hydrometallurgical refining complex.

Weekly Review

Weekly Review