06
May
13:20
Buyers eye still lower pig iron prices
Global merchant pig iron values continued to deteriorate in the past week amid buyers’ ongoing reluctance to engage with the slightly expanded supply pool. Ukrainian material was seen in the market at last, along with renewed selling efforts by Asian producers, Kallanish observes.
The traditionally trend-setting US market remained on the fence, having tabled much lower-priced bids in its May domestic ferrous scrap price settlements, and still receiving highe…
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Anonymous
Very good overview of the weekly steel market.
Anonymous