17
Feb
11:15
Italian pig iron prices hike significantly
Italian pig iron prices are increasing compared to the beginning of the month, by $40-50/tonne, due to global shortages and strong demand from Italian buyers.
Some CIS suppliers are back to quoting at $610-620/tonne cfr Italy, and transactions are being concluded at $610-615/t cfr. Transacted prices are seen increasing in the coming weeks. Sellers are allocating limited tonnages of between 7,000 tonnes and 15,000 tonnes for each transaction because of short availa…
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Anonymous
Very good overview of the weekly steel market.
Anonymous