29
Mar
11:54
Italian pig iron seen decreasing as lull continues
Despite lowering stocks in consignment at Marghera port, the main Italian steel hub, local demand for pig iron remains subdued, in line with the lull in the CIS pig iron export market.
Distributors that buy directly from CIS producers to replenish stocks at Italian ports are uncertain regarding price trends. They believe values will continue decreasing as the absence from the market of Chinese and Turkish buyers is slowing pig iron sales. They are buying small ton…
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Anonymous
Very good overview of the weekly steel market.
Anonymous