22
May
16:10
Russian iron exporters quote higher despite subdued trade
Despite a recent surge in Russian pig iron offer prices, actual trade activity remains subdued due either to saturation or weak demand in key consuming regions, market participants inform Kallanish.
Prices have declined in the Turkish bellwether scrap import market, but Russian pig iron producers have held firm on their higher asking prices.
In Italy, a shortage of scrap has pushed prices up by $30/tonne compared to last month. However, quotes for Russian pig iro…
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Anonymous
Very good overview of the weekly steel market.
Anonymous