Premiums Of Imported Iron Ore Lumps To Rise Further, Despite Off-Season

Published: Jun 5, 2023 18:02

Source: SMM

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SHANGHAI, Jun 5 (SMM) – The 10th round of coke price cuts slightly boosted the demand for lumps.

SHANGHAI, Jun 5 (SMM) – The 10th round of coke price cuts slightly boosted the demand for lumps. The continued decline in port inventory of lumps also buoyed its premiums. Coke prices may still have room to fall this week even as they are already at a three-year low, which will support the demand for lumps in the off-season and slightly boost its premiums.

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