09
Feb
16:40
Pig iron dynamic notches up some more
The merchant pig iron market continued to firm in major importing regions, pegged by new sales at higher levels and a widening enquiry pool. In addition to the major hubs, the US and Europe, Asia is also showing signs of rising demand reflected in higher offers, Kallanish observes.
US pig iron buyers remain in the market after making several large purchases in January, to secure more material. Despite the initial reluctance to pay over $510/tonne cfr for…
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Anonymous
Very good overview of the weekly steel market.
Anonymous