07
Apr
16:33
India favours pig iron over BF-grade billet exports
Owing to higher bids for pig iron amid the Ukraine war impact, Indian mills are seen accelerating pig iron exports over blast furnace-based billet shipments. Induction furnace billet exporters, however, are enjoying an African demand uptick, sources inform Kallanish.
Mills are heard quoting pig iron export offers at $820-830/tonne fob India, whereas BF-grade billet offers are at $780-790/t fob. However, big mills are heard refraining from offering billet due to ex…
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Anonymous
Very good overview of the weekly steel market.
Anonymous