Expectations for the second-quarter direct-reduced (DR) iron pellet premium remain unclear, sources told Fastmarkets on Tuesday March 3, mainly due to uncertainty in the iron ore market caused by the novel coronavirus (2019-nCoV).
Fastmarkets' assessment of the iron ore DR-grade pellet premium, Middle East reference, was $31 per tonne on Friday February 28, unchanged from January 31.Another supplier added: "The market mood for the...