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A pellet plant contains a series of balling drums where the iron ore concentrate is formed into soft pellets, in much the same manner that one rolls a snowball, to make a pellet about the size of a marble (between 1/4" and 1/2")

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Iron Ore Spot Price (Any Origin) is at a current level of 7326, down from 7341 last month and up from 6424 one year ago This is a change of -020% from last month and 1404% from one year ago

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in the period preceding price negotiations, there was little price movement in iron ore Prices of fine ores marketed in Europe in US cents per 1% iron per ton, fell by about 1% while fines to Japan rose by the same amount Prices of lump ore to Europe fell while prices of lump ore shipped to Japan were unchanged Pellet

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