31
Mar
11:56
Italian pig iron prices increase
Italian pig iron prices are increasing by $50/tonne compared to last week as buyers are resuming purchasing from Russia after the EU clarified that only Russian finished steel is sanctioned.
Sources tell Kallanish that Italian distributors who buy from CIS producers to replenish stocks at the Marghera port have placed some orders for relatively small lots at $900/tonne cfr Italy. One Russian supplier is already asking for $950/t cfr. Despite it being legal to buy …
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Anonymous
Very good overview of the weekly steel market.
Anonymous