London—Iron ore pellet premiums for European deliveries in the second quarter are starting to get settled, with the threat of higher offers described by buyers as hurting current fragile steel margins with higher structural costs. One major steelmaker stated premiums were broadly unchanged on Q1 levels for some volumes already agreed at $25-$30/ dmt depending on quality. There were offers outstanding at higher premiums yet to conclude, he said, confirming demands in ongoing negotiations cited by several suppliers this week.
展开▼
