Buyers and sellers have agreed the premium to be applied to fourth-quarter shipments of direct-reduced (DR) iron pellet, while negotiations for shipments in the first quarter of 2020 have continued but at lower levels, sources told Fastmarkets in late December.
Fastmarkets' assessment of the iron ore DR-grade pellet premium, Middle East reference, remained at $39 per tonne on Monday December 31, unchanged from November 29."The market remains pessimistic, and for the first quarter of 2020 it is...