20
Mar
15:17
Russian pig iron market faces pressure
The Russian pig iron export market continues to face pricing pressure, with major markets mainly holding large inventories amid sluggish demand for finished steel, market participants inform Kallanish.
Russian mills Ural Steel, NLMK, and Tula Steel were heard active in the export market.
Italian buyers have expressed interest in purchasing new pig iron cargoes at $410-415/tonne cfr Italy, compared to $410-420/t cfr a week earlier. The market was saturated, w…
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Anonymous
Very good overview of the weekly steel market.
Anonymous