Non-ferrous

Non-ferrous

Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

Ferrous Metals

Ferrous Metals

Iron Ore Index Iron Ore Price Finished Steel Coke Coal Pig Iron Silicon Steel

New Energy

New Energy

Solar Lithium Cobalt Lithium Battery Cathode Precursor and Material Anode Materials Artificial Graphite Battery Separator Electrolyte Other Materials Lithium-ion Battery Used Lithium-ion Battery Sodium-ion Battery Hydrogen Energy Energy Storage

Price Center DatabasePro Reports Events Car Insight

Home / Metal News / Iron Ore Lump And Pellet Premiums To Extend Declines After The Labour Day Holiday

Iron Ore Lump And Pellet Premiums To Extend Declines After The Labour Day Holiday

Apr 28, 2023 16:50

Source:SMM

SHANGHAI, Apr 28 (SMM) – The premiums of pellets and lumps both fell this week.

SHANGHAI, Apr 28 (SMM) – The premiums of pellets and lumps both fell this week. This is because intensive blast furnace maintenance by steel mills in Shanxi, Shaanxi and Sichuan hurt the demand for iron ore.

After five rounds of coke price cuts, some steel mills have raised the share of lumps used in their pig iron production. However, in view of weakening end demand and poor profitability of steel mills, the demand for lumps and pellets will hardly grow. Iron ore prices are expected to go down after the Labour Day holiday, which will drag down the premiums of lumps and pellets.

Market forecast

Market review

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news

Interpreting Global Nickel and Indonesia Stainless Steel Industries: Supply-Demand Dynamics and Outlook"Stainless Steel Industries

"Interpreting Global Nickel and Indonesia Stainless Steel Industries: Supply-Demand Dynamics and Outlook"Stainless Steel Industries**

time

May 8, 2024 18:23

The inventory grew slightly during the holiday, the steel mills cut output of rebar in favour of wire rod [SMM survey]

During the survey period (April 30-May 6), the weekly output of rebar decreased and the output of wire rod increased at steel mills in central China this week. The total inventory of steel mills increased slightly, but the inventory trends of rebar and wire rod were differentiated. It is expected that the output of steel mills in central China will increase in the next period.

time

May 8, 2024 16:11

Alupro voices disappointment over delay in DRS by the US Government

Last week, on April 25th, the UK government made a significant announcement regarding the Deposit Return Scheme (DRS) for drinks containers.

time

Apr 30, 2024 11:31

SMM Nickel Market Morning Comment (Apr 3)

Overnight, the most-traded SHFE nickel contract opened at 130,850 yuan/mt, and closed at 132,590 yuan/mt, up 990 yuan/mt.

time

Apr 3, 2024 09:49

What were reasons behind the falling prices of silicone products?

DMC prices in the online shopping mall of Shandong-based plants opened at 15,500 yuan/mt this week, down 300 yuan/mt WoW. Offers from leading DMC plants were 15,200 yuan/mt this week, down 1,300 yuan/mt, while those from other plants were 15,300 yuan/mt. Mainstream transaction prices dipped by 400 yuan/mt WoW.

time

Mar 29, 2024 15:17

Aluminium packaging recycling industry sets positive goals for 2024

Tom Giddings, executive director of Alupro, looks to the year ahead and explains what the aluminium packaging recycling industry wants to see in 2024.

time

Feb 20, 2024 10:12

Aluminum ingots and billets weekly outflows from warehouses from major domestic consumption areas on February 5, 2024 (Jan 29-Feb 4)

According to SMM statistics, last week, aluminum ingot outflows from warehouses were 85,500 mt, down 18,900 mt.

time

Feb 5, 2024 16:33

Sigma Lithium increases its mineral resources in Brazil by 27%

This resource update can be reflected in the company's valuation and potentially change the coming-up acquisition landscape.

time

Feb 1, 2024 19:15

Profit recovery drove up operating rates of EF steel mills

As of November 7, the operating rates of 34 EF steel mills that mainly produced construction steel were up 4.35 percentage points WoW at 46.38% as profits recovered significantly amid strong finished steel prices.

time

Nov 13, 2023 10:31

Lithium hydroxide smelters who adopt causticizing process suffer severe losses

For the week ending November 2, there a decline in lithium hydroxide prices amid slack supply and demand.

time

Nov 6, 2023 09:47

SMM Events & Webinars

May
15
- 2025 SMM SOUTH AMERICAN LITHIUM RESOURCES FIELD TRIP
  May 15 - 25,2025
  Argentina & Brazil
May
20
- 2025 SMM ASIA METALS SEMINAR
  May 20 - 20,2025
  Global Metals Market in Flux Geopolitics, Policies, Fundamentals
  Novotel Century, Hong Kong, China
May
22
- 2025 SMM 3rd Wire & Cable Conference & Expo
  May 22 - 23,2025
  Suzhou, Jiangsu, China

MOST POPULAR

1.China Lithium Market Dynamics and Lithium Procurement Study

2.Battery Recycling Technology Understanding

3.Solid State Battery Market

4. China Scrap Steel Quality Analysis

5.China Scrap Steel Cost Curve

Shanghai Metals Market

Privacy Policy Compliance Centre SMM Credit Service Contact Us About Us Terms & Conditions Sitemap Holiday Pricing Schedule

Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.

Drop us a line

service.en@smm.cn

How can we help you?

+86 021 5155-0306

Live chat via WhatsApp

Copyright © 2025 SMM Information & Technology Co., Ltd. All rights reserved.