Pellet feed is a small but fast growing segment of the iron ore market: global trade is approximately 90Mtpy representing just 6% of the total iron ore market. But trade in pellet feed is forecast to grow at a trend rate of over 10% pa over the next five years, versus growth of just 3% pa for the overall iron ore market. In this Insight we provide a brief overview of demand, supply and pricing of traded pellet feed.
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What is pellet feed?
Demand for seaborne pellet feed - China dominates.