Seaborne iron ore pellet, concentrate buying improves amid high-grade recovery

摘要

The transaction prices and volumes of seaborne iron ore pellets andconcentrate picked up in the week to Friday April 12 due to recoveringdemand for high-grade materials from Chinese steelmakers.PELLETSFastmarkets’ weekly MB 65% Fe Blast Furnace Pellet index was at$127.50 per tonne cfr China on Friday, up by $1.37 per tonne from aweek earlier.While an unspecified brand of 64% Fe Indian pellet was sold at$115 per tonne cfr early last week, three cargoes of 64% Fe BRPLpellet traded at $117 per tonne cfr late in the week, a trader in Beijingtold Fastmarkets.