DAILY: 65% iron ore pellet premium hits new record high

China's seaborne iron ore market witnessed some new deals done on July 2, with prices of lumps and pellets remaining strong. Mysteel's 65% iron ore pellet premium rose again on Monday by $2/tonne on day to $57/t and hitting a new high since Mysteel began recording the price in December 2013. Mysteel's 62.5% iron ore lump premium also gained another $0.0219/dmtu on day to $0.3259/dmtu.

China’s seaborne iron ore market witnessed some new deals done on July 2, with prices of lumps and pellets remaining strong. Mysteel’s 65% iron ore pellet premium rose again on Monday by $2/tonne on day to $57/t and hitting a new high since Mysteel began recording the price in