08
Aug
17:20
US scrap weighs on pig iron, demand lags
Global merchant pig iron trade reflects low appetite from all major importing regions, most significantly the US, where buyers remained on the fence in anticipation of lower August domestic scrap price settlement, Kallanish notes.
"No one cares about cost of production of pig iron suppliers anymore, wherever they are from – it’s back to prime grade plus premium for pig iron pricing once again, as it was up to 2018," one trader says, echo…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous