03
Feb
15:56
Merchant pig iron gears up for more increases
Merchant pig iron sentiment remained firm in the major importing regions, including the US, in the past week, but buyers' resistance to accept higher offers remains amid uncertain post-Lunar New Year activity, Kallanish observes.
In the US, negotiations continued with Ukrainian producers, who are aiming to sell at above $520/tonne cfr Nola but facing slight resistance from buyers. Sellers' position is pegged by the high likelihood of US February domestic f…
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Anonymous
Very good overview of the weekly steel market.
Anonymous