10
Mar
16:38
Pig iron prices surge on panic buying
Following the initial shock of Russia's invasion of Ukraine that wiped out both countries' basic pig iron exports, prices have skyrocketed and Russian supply is slowly returning to destinations other than Europe and the US, Kallanish observes.
In the absence of CIS material, buyers in the US and Mediterranean have flocked to Brazil, with US buyers booking multiple and those in the Mediterranean just one June-loading cargo. This has lifted Brazili…
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