Brazil's Vale settles Q1 iron ore pellet premiums with …

Vale said in a emailed statement that direct reduction premiums had been settled at $46.30/dry mt for Q1, based on premiums applied above 65% Fe fines. This is up from a $24/dmt premium for DR pellets for Q4 2020, which Vale announced in September. Vale said it settled blast furnace pellet premiums at $40/dmt for Q1, also on top of 65% Fe fines.

The 3Q23 sales and production report

The all-in premium totaled US$ 3.8/t, US$ 2.8/t lower y/y, mainly due to lower pellet premiums. Quarter on quarter, the all-in premium was slightly lower, driven by lower market premiums as …

Purcell Premium Pellets – Premium Pellets

LESS THAN 1/2 THE ASH ALLOWED BY "PREMIUM" PELLET STANDARDS "Not all premium pellets are created equal". Find a Purcell Pellets Dealer Near You. Address / Zip. Within. search provided by Store Locator Plus ® Enter an address or zip code and click the find locations button. ...

1Q24 Production and Sales report

The average realized iron ore pellet price was US$ 171.9/t, US$ 8.5/t higher q/q, as quarterly contract pellet premiums increased, while pellet sales are generally not impacted by provisional pricing adjustments. The all-in premium totaled US$ 2.2/t, slightly higher q/q. Given current market conditions with a lower price spread for low-grade ...

Circular mining

The final product will be fed to Vale's pelletizing plant in São Luís (MA). The high-grade pellets produced at the site help our steelmaking customers to reduce their carbon emissions compared to lower-grade products. Vale has set a target to reduce scope 3 emissions by 15% by 2035.

4Q23 sales and production report

Vale's Q4 performance was marked by solid production and sales in all businesses. In December, iron ore achieved its highest monthly output since 2018. ... as the positive effect from higher benchmark iron ore prices was offset by lower quarterly pellet premiums. The all-in premium totaled US$ 1.6/t, US$ 2.2/t lower q/q and US$ 3.8/t lower y ...

The 3Q23 sales and production report

Iron ore fines and pellet sales increased by 4.4 Mt y/y, with the sale of inventories from the first semester and taking advantage of favorable market conditions. The all-in premium totaled US$ 3.8/t, US$ 2.8/t lower y/y, mainly due to lower pellet premiums.

4Q23 sales and production report

Vale's Q4 performance was marked by solid production and sales in all businesses. In December, iron ore achieved its highest monthly output since 2018. ... as the positive effect from higher benchmark iron ore prices was …

Vale: Vale 3Q pellet premium up on supply squeeze

Vale: Vale 3Q pellet premium up on supply squeeze. Vale is a Brazil-based exploration firm that acquires and develops iron ore, nickel, manganese and copper mining properties and produces iron, nickel, manganese and copper.

Brazil: Vale Achieves Highest Ever Iron Ore & Pellet …

The share of premium products (pellets, Carajas, BRBF, pellet feed and sinter feed low alumina) increased to 79% in Q3 CY18. Vale production guidance for FY'18 remains Unchanged . Vale iron ore production guidance for 2018 remains unchanged at around 390 MnT and also reaffirms 2019 guidance at 400 MnT.

DR-Grade Iron Ore Pellets

The BF pellet premium over sinter feed (CFR China) ranged from a little over $10/ton in January-February 2016 to about $35/ton in August 2016 and went on a rampage beginning in May 2017, ... Vale's operational iron ore pellet capacity is about 41 million tons in Brazil and slightly more than 9 million tons in Oman. Most of its Brazilian ...

United Kingdom

The purity of Vale's nickel powders and pellets makes our products ideal for specialist applications such as high nickel alloys, as well as plating and stainless steel applications. In addition, the premium nickel products refined here will …

Vale 3Q pellet premium up on supply squeeze

Vale's third-quarter BF pellet premium was concluded at $88/dry metric tonne (dmt) over a 65pc index, up by $27.40/dmt or 45.2pc from the previous quarter. The premium is up by 42pc on the year. The DR pellet premium settled at $95/dmt over a 65pc index, up by $29.20/dmt or 44.4pc from the current quarter and 35.7pc higher than the same period ...

Nickel and Cobalt Products

Nickel Pellets are produced at our refineries in Copper Cliff and Clydach. The Nickel Pellet is a product of the carbonyl refining process. This product's purity and consistent quality make it suitable for use in the most demanding applications. ... Vale has created the world's leading product portfolio of advanced nickel plating products ...

Atlantic iron ore pellet: Premiums jump for 3Q

Brazilian iron ore mining firm Vale "concluded its pellet premium definition process" for the third quarter of 2023 at a $60/dry metric tonne (dmt) premium to a 65pc Fe index, up by $15/t dmt …

Check out the 3Q24 Financials Result

As business results, Vale reported proforma adjusted EBITDA from continued operations of US$ 3.7 billion in Q1, down US$ 2.7 billion y/y, mainly reflecting lower realized prices of iron ore fines and pellets, lower sales of iron ore fines and higher costs.

Proposal to launch DR-grade iron ore pellet premium

The premium is unaffected by location so the specific Middle East location would be removed. The proposed new name and specifications are as follows: -IRO-0077 Iron ore DR-grade pellet premium, quarterly contract, $ per tonne Quality: 94% of pellets <9.0mm; Fe content, base 67.5%; silica, base 1.5%; alumina, base 0.5% Quantity: Minimum 10,000 ...

Demand in DR pellet market improves on lower premium

In late February, Vale – the world's largest supplier of iron ore pellets and a key price benchmark setter in the global market – reduced its DR pellet premium by $7 per tonne, …

1Q24 Production and Sales report

The average realized iron ore pellet price was US$ 171.9/t, US$ 8.5/t higher q/q, as quarterly contract pellet premiums increased, while pellet sales are generally not impacted by …

The Global HBI/DRI Market: outlook for DR Grade …

Estimated pellet supply to the DR sector in 2017 = 21.7 mt (≈43% of pellet sales by volume). In 2018 Vale has restarted idled pellet plants with aggregate capacity of 13 mt, adding ≈5 mt production in 2018 (guidance 55 mt), bringing total capacity in Brazil and Oman to ≈60 mt.

2Q24 Vale's Performance

Pellets production totaled 8.9 Mt, slightly lower y/y. Iron ore sales reached 79.8 Mt, 5.4 Mt (+7.3%) higher y/y. ... The all-in premium totaled US$ -0.1/t¹, US$ 2.3/t lower q/q, as a result of the increase of high-silica product sales. In the 2H24, Vale expects a larger share of premium products (e.g. IOCJ and BRBF) in the sales mix, due to ...

Higher iron ore pellet premiums needed to ensure seaborne …

The premium was assessed at $39.20/dmt CFR North China, down $1/dmt on week. ... Vale's pellet production dropped by 9.2% on year to 6.3 million mt in Q1, "as a result of lower pellet feed availability from Vale's sites mainly from Itabira and Brucutu," Vale said in its latest quarterly production report. The company expects to gradually ...

Vale 3Q pellet premium up on supply squeeze – Argus Metals

Vale's third-quarter BF pellet premium was concluded at $88/dry metric tonne (dmt) over a 65pc index, up by $27.40/dmt or 45.2pc from the previous quarter. The premium is up by 42pc on the year. The DR pellet premium settled at $95/dmt over a 65pc index, up by $29.20/dmt or 44.4pc from the current quarter and 35.7pc higher than the same period ...

Vale reports higher Q2 iron ore pellet premiums; buyers …

Pellet premiums are rising on strong demand led by DR pellets outstripping supply expansions, as levels head back toward Vale's record blast furnace premium of $62/dmt in Q3 2021. For blast furnace pellets, Vale's Q2 premium as defined by Vale in its price discovery process with clients would be $5.60/dmt higher than the Q1 level.

Check out the Production and Sales results for 3Q24

Pellet premiums are rising on strong demand led by DR pellets outstripping supply expansions, as levels head back toward Vale's record blast furnace premium of …

Vale settles 4Q iron ore pellet premiums | Latest Market …

The settlements for BF-grade pellet premiums are nearly flat with the previous quarter and lower by around $3/dmt for DR-grade pellets. Quarterly pellet premium contracts are largely settled between Vale and their buyers outside China on a floating basis, with Chinese buyers mostly buying pellet supplies from the spot market on a fixed price basis.

4Q22 Sales and Production report

Proud to be Vale. We are made by people and for people. ... Pellets production totaled 32 Mt in 2022, up 1% y/y, with an improved mix of direct reduction pellets (49% of total production vs. 41% in 2021), leveraging on the higher-quality …

Vale tests biochar in pellet production

For the first time, Vale used biochar in the pellets production, a lump of iron ore used in the production of steel in the steel industry. ... Biochar was supplied by a company in Minas Gerais, which works with a premium, certified product, specific for steelmaking purposes. According to engineer Rodrigo Boyer, who led the initiative, another ...

Vale proposes new iron ore pellet premium pricing | Reuters

Brazilian mining giant Vale <VALE5.SA> is proposing a new pricing formula for its iron ore pellet premium, based on iron content, to facilitate negotiations with customers.

Production and sales in 4Q18

Vale's pellet sales reached 16.0 Mt in 4Q18, due to the above-mentioned pellet plant ramp-ups and to commercial initiatives to use occasional excess of pellet feed production that was transformed into pellets using third party capacity. As a result, the share of premium products[1] in total sales was 84% in 4Q18 and averaged 82% in 2018.