13
May
16:44
Feedstocks gains push pig iron prices up
Merchant pig iron prices have increased over the past week, buoyed by iron ore, scrap and finished product increases.
Although activity remains low, China's stirring interest to import is instilling confidence in sellers to raise offers, having at the same time alerted some previously fence-sitting buyers to act. This resulted in several sales at higher than last week prices, Kallanish notes.
More selling activity was noted in the wester…
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Anonymous
Very good overview of the weekly steel market.
Anonymous