10
Apr
10:46
Italian pig iron demand resumes
Italian pig iron prices are weakening slightly compared to transactions in March. Demand is resurfacing from distributors buying directly from Russian producers allowed to sell in the EU and from local foundries, market participants tell Kallanish.
Two distributors have joined forces to purchase a 40,000-tonne vessel of Russian pig iron at slightly over €410/t cfr, while a steelmaker is rumoured to have bought Russian material at $410/t cfr. Sellers ask for $…
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Anonymous
Very good overview of the weekly steel market.
Anonymous