01
Mar
15:24
Italian pig iron prices seen hiking
Italian pig iron demand is strong this month, but mostly from distributors who buy from Russian companies allowed to sell in the EU, and from Ukrainian producers. Mills are shunning pig iron at the moment, as the gap with scrap values is thinning, Kallanish hears.
Neither Russian nor Ukrainian producers are quoting in Italy. This preludes to price increases that sources believe will amount to about $20/tonne. No transactions are being reported this week. In t…
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Anonymous
Very good overview of the weekly steel market.
Anonymous