11
Oct
16:09
Black Sea pig iron market remains subdued
Activity in the Black Sea pig iron market remains subdued, with demand weak in major consumer markets amid softening scrap prices. Supplier and buyer prices have not aligned, market participants inform Kallanish.
"No one is selling, and no one is buying," one trader says.
Some participants believe Russian mills are not facing price pressure from unsold volumes, since those suppliers capable of converting pig iron to slab would opt for that alternat…
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Anonymous
Very good overview of the weekly steel market.
Anonymous