Trading activity for iron ore pellets in the seaborne market appeared to pick up last week while that for concentrate remained relatively muted.
PelletsThe weekly Fastmarkets MB 65% Fe Blast Furnace Pellet Index was at $128.08 per tonne cfr China last Thursday April 18, up $0.58 per tonne from the preceding week.A number of transactions involving 64% Fe Jindal pellets took place at $117-120 per tonne cfr last week, market participants said.Offers for 64% Fe BRPL pellets were made at $120-121 per tonne cfr. The product was said to be tradable at about $118-119 per tonne cfr last week, compared with a transacted price of $117 per tonne cfr a week earlier, according to sources.An offer for 64% Fe Rashmi pellet was heard to have been made at $120 per tonne cfr, while a bid came in at $119 per tonne cfr, both...