09
Sep
10:52
Italian pig iron activity stagnates
Italian pig iron market activity remains virtually non-existent with buyers in a continued wait-and-see mode, Kallanish notes.
Local distributors, who purchase directly from producers to replenish stocks at the main steel hub port of Marghera, bought pig iron from Donetsk in the first days of September, the so-called Donbas pig iron, at $430/tonne cfr Italy. Expectations however are for imminent price falls of pig iron from all sources, including South Ameri…
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Anonymous
Very good overview of the weekly steel market.
Anonymous