The pellet price is gaining some real momentum and is now at US$98 CFD. Also gather from Platts' website that forward contracts for 2017 are looking especially strong. I don't pretend to understand all the industry jargon but the headline sounds positive enough.
"Iron ore pellet premiums seen exceeding 25% gains for annual terms
London (Platts)--28 Oct 2016 554 am EDT/954 GMT
Steel mills have begun settlements after receiving blast furnace pellet premium offers for 2017 at $45/dry mt, with annual gains expected to surpass 25% on high demand to boost quality of burden and as supply remains constrained."
The pellet price is gaining some real momentum and is now at...
-
- There are more pages in this discussion • 149 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add GRR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
26.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $266.1M | |||
| Open | High | Low | Value | Volume |
| 26.0¢ | 26.5¢ | 25.5¢ | $60.19K | 231.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 251646 | 25.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.0¢ | 47449 | 5 |
View Market Depth
| Last trade - 12.37pm 04/12/2024 (20 minute delay) ? |
| GRR (ASX) Chart |
