DR iron ore pellet premium to increase in Q1, remain $50/t in Q4

The premium for direct-reduced (DR) iron ore pellet for shipment in the first quarter of 2022 will increase, although it remained at $50 per tonne for the fourth quarter of 2021, Fastmarkets heard.

Thus, Fastmarkets’ assessment of the iron ore DR-grade pellet premium to 65% Fe fines index, Middle East reference, was $50 per tonne on Friday December 31, unchanged month on month.


Marina Shulga

December 31, 2021

16:15 GMT