04
Nov
10:49
Italian pig iron prices hike
Italian pig iron demand from distributors who buy directly from CIS producers is said to be particularly strong. Contracts are now being agreed after the October lull caused by suppliers suspending quoting, Kallanish learns from market participants.
Prices are increasing by $30-40/tonne compared to October in recent contracts. Distributors who replenish stocks at the Port of Marghera, the main steel hub in Italy, are buying large tonnages between $580-590/t cfr. M…
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Anonymous
Very good overview of the weekly steel market.
Anonymous