11
Jun
14:49
CIS pig iron prices stable, sellers remain bullish
CIS merchant pig iron suppliers managed to achieved slightly higher prices in sales to the US in the past week. The modest increase was however absorbed by higher freight rates, resulting in lower fob prices.
Although US domestic scrap prices have settled at even higher-than-expected levels, gaining up to $60/gross ton for some grades, US steel producers are yet to react with higher bids for CIS pig iron. This stems from sellers’ relatively short lead times …
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous