29
Oct
15:55
CIS pig iron merchant market stalls again
The CIS merchant pig iron export market has stalled again, as China's slowdown continues to exert negative influence on demand for merchant seaborne steel and metallics markets. But as price indications for seaborne pig iron approach their traditional spread with scrap, partcipants talking to Kallanish wonder if pig iron prices could decline any further, echoing sellers' attitude of tabling offers at unchanged on-week levels.
After a major buying spree las…
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Anonymous
Very good overview of the weekly steel market.
Anonymous