09
Jul
11:38
Italian pig iron flattens, billet demand increases
Italian pig iron prices are stable compared to previous transactions reported ten days ago. Demand remains sluggish and low offers from Brazil at $640/tonne (€539) cfr Italy, as well as lower-grade pig iron from Asia at $620/t cfr are beginning to undermine stability.
Italian demand is subdued, with the main distributors each ordering 5,000-6,000 tonnes every ten days without committing to larger volumes. The latest transactions for a small batch of pig iron …
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Anonymous
Very good overview of the weekly steel market.
Anonymous