14
Mar
10:39
Italian pig iron lulls, billet, scrap prices fall
Italian pig iron prices are seen decreasing significantly this month. The market is in a lull, with demand slow but also less pig iron being available, considering Ukrainian suppliers remain absent from Italy.
Distributors buying directly from Russian producers allowed to sell in the EU are said to be in a wait-and-see mood. Sources see prices falling to the level of $400/tonne cfr Italy and possibly below depending on tonnages.
A 30,000-tonne vessel is on its w…
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Anonymous
Very good overview of the weekly steel market.
Anonymous