02
Jun
10:33
Italian pig iron set to decline again
Italian pig iron prices are falling again in new contracts by a further $100/tonne on average compared to May levels.
Last month, buyers, mainly Italian distributors who purchase directly from producers to replenish stocks at the main Marghera port, bought CIS-origin material at about $650/t cfr Italy. While offers for Donetsk material, the so-called Donbas pig iron, were at $650/t cfr ten days ago, they are now rumoured down to $560/cfr, with some CIS pig iron ev…
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Anonymous
Very good overview of the weekly steel market.
Anonymous