08
Oct
11:10
Italian pig iron, billet prices seen increasing
Italian pig iron prices are forecast to increase this month by at least $20/tonne, due to low pig iron availability from the CIS and a rebound in Chinese demand, market participants tell. Kallanish
So far in October, mills have continued to purchase regularly from the Port of Marghera, the main steel hub, at the equivalent of $550-570/t cfr. Demand from the distributors who buy directly from the CIS to replenish stocks at Marghera is strong. However, some CIS supp…
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Anonymous
Very good overview of the weekly steel market.
Anonymous