11
Feb
15:58
Pig iron trade stays hot, despite US/China absence
Global merchant pig iron sentiment continued to strengthen last week, with new sales concluded at higher levels amid increased enquiries, Kallanish learns.
One Italian buyer, pushed by rapidly diminishing port stocks and low CIS spot availability, accepted higher offers and booked a large Brazilian parcel at $540/tonne fob Brazil. The 35,000-tonne late March/early April-loading lot is estimated to cost and freight at around $585-595/t cfr Maghera.
The s…
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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