EXCLUSIVE: Vale raises Q2 2021 BF, DR pellet premiums sharply

Vale - the largest supplier of iron ore pellets and a trendsetter in the global market - has again raised its premiums for blast furnace (BF) and direct-reduced (DR) pellets for the second quarter of 2021, Fastmarkets understands.

Vale settled its BF pellet premium for the second quarter of 2021 at $52 per tonne, which compares with a first-quarter 2021 premium of $40 per tonne, Fastmarkets has learned.
Vale set a second-quarter 2021 DR pellet premium of $60.20 per tonne, up from $46.30 per tonne in the first quarter this year.

The premiums are applied on top of Fastmarkets' 65% Fe...


Marina Shulga

February 26, 2021

13:26 GMT