16
Sep
17:22
China drives merchant pig iron price consolidation
Merchant pig iron demand has stirred into more action in all traditional buying regions, with China booking more Brazilian and CIS cargoes, and one Brazilian cargo was heard sold to Mexico. There were small lots sold to traders too, market participants tell Kallanish.
A Ukrainian supplier sold a cargo to China for November loading at $545/tonne cfr, netting back to around $465/t fob Black Sea. A Russian supplier also sold a large cargo at the same price,…
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Anonymous
Very good overview of the weekly steel market.
Anonymous