Vale - the largest supplier of iron ore pellets and a trendsetter in the global market - has again hiked its premiums for blast furnace (BF) and direct-reduced (DR) pellets up for the second quarter of 2021, Fastmarkets understands.
Vale settled its BF pellet premium for the second quarter of 2021 at $52 per tonne, compared with a first-quarter 2021 premium of $40 per tonne, Fastmarkets learned.The premiums are applied on top of Fastmarkets' 65% Fe Brazil-origin...