26
Apr
12:52
Pellet premiums, energy costs seen crimping DRI production
Direct reduced iron producers in the Middle East are either reducing production or incurring heavy losses as a result of increased iron ore pellet premiums and high energy costs. This is according to Emirates Steel (ESI) chief commercial officer Ahmed Al Dhaheri.
The DR-grade pellet premium has risen to represent almost half of the pellet price itself, while a shortage of the DRI making feedstock has been exacerbated by the Samarco disaster last November. This r…
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Anonymous
Very good overview of the weekly steel market.
Anonymous