17
Mar
16:48
Pig iron trade moves eastwards in sales flurry
Merchant pig iron trading activity has moved eastwards after the US market absorbed considerable volumes of Brazilian and some Ukrainian material, and stepped back in response to further rises in offers, Kallanish observes.
The latest US domestic scrap negotiations have yielded unexpectedly high increases (see Kallanish passim) and seen US mills booking several Brazilian and one Ukrainian pig iron cargo at higher prices. Brazilian sellers increased offe…
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Anonymous
Very good overview of the weekly steel market.
Anonymous