The settlements for BF-grade pellet premiums are double the $20/dmt premium in the previous quarter and 93pc higher than $24/dmt for DR-grade pellets.

The 2101 ferrosilicon contract price on ZCE closed at 6414 yuan per ton on December 15.

The 2101 ferrosilicon contract price on ZCE closed at 6362 yuan per ton on December 16.

Even as S&P Global Platts IODEX 62% Fe fines benchmark fell Dec. 14 to $154.50/dmt, total pellet prices indicated well above earlier levels.

Weekly Review

Weekly Review

The 2101 ferrosilicon contract price on ZCE closed at 6384 yuan per ton on December 14.

In Jan-Oct, 2020, Japan imported 273022.309 tons of ferrosilicon (silicon content > 55%), up 140.94% YoY.