21
Jan
10:40
Italian pig iron demand weakens amid lull
Italian pig iron prices are flattening in an uneventful market.
As the international market remains uncertain amid lowering prices, Italian buyers are not requesting much material at present, instead waiting for CIS quotes to fall. This month, some deals between distributors and a CIS pig iron producer were concluded at $570/tonne cfr Italy, but buyers now intend to pay not more than $530-540/t cfr. Material in consignment at the Marghera port, the main …
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Anonymous
Very good overview of the weekly steel market.
Anonymous