01
Jul
16:22
CIS pig iron market stills as buyers retreat
The rift between CIS merchant pig iron exporters' and buyers' expectations has widened in the last week. This comes amid expectations of Russia’s ferrous export duty implementation, forthcoming holidays in the US and the approach of the quiet season in Europe.
Buyers in all regions have retreated to observe the effects of the Russian duties on the market, with just one small sale heard in Turkey, of CIS nodular grade material, at $680/tonne…
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Anonymous
Very good overview of the weekly steel market.
Anonymous