Fastmarkets’ iron ore DR-grade pellet premium to 65% Fe fines index, Middle East reference
, was $24 per tonne on Wednesday September 30, down from $27 per tonne on September 1
Fastmarkets’ index for iron ore, 65% Fe Brazil-origin fines, cfr Qingdao
, which has been used as the base for DR pellet premium contracts since 2019, averaged $136.50 per tonne in September. That was up by $5.06 per tonne from an average of $131.44 per tonne in August.