14
Oct
11:29
Italian pig iron price approaches bottom
Italian pig iron prices are not expected to continue to fall from current levels as prices appear to be close to hitting rock bottom. Prices are seen reaching the level of $300/tonne (€272/t) cif and flattening in the coming days.
Sales volumes remain very low amidst uncertainty in Italy and a difficult market. CIS basic pig iron export offers to Italy are now around $305-310/t cfr, down from $310-320/t cif of 15 days ago, market participants tell …
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Anonymous
Very good overview of the weekly steel market.
Anonymous