01
Apr
17:14
CIS pig iron stands fast despite Brazilian reductions
The CIS merchant pig iron export market remains in a lull, despite higher scrap indications and flat product prices continuing to rise steadily in major importing regions.
CIS suppliers are not reducing offers yet, unlike their Brazilian counterparts, insisting on prices that “were more justifiable when China was still in the market”, a trader tells Kallanish.
There is an ongoing hum about China starting to import again, which keeps offers high. A co…
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Anonymous
Very good overview of the weekly steel market.
Anonymous