Swedish iron ore pellet producer LKAB forecasts that the price premium for upgraded iron ore products will remain high in 2018, although standard iron ore prices will still be under pressure in the marketplace.
"LKAB [believes] that the oversupply situation in iron ore fines will continue, [and that this] is putting pressure on iron ore prices. At the same time, the premium for highly upgraded iron ore products is expected to remain high," the company said on Thursday April 26.Demand for...