15
May
10:22
Reduced supply may hit Italian pig iron prices
Demand for basic pig iron from Italian mills and distributors remains very low in May. Sources however, forecast a recovery by the end of the month and prices to gain $10/tonne or more in June, market participants tell Kallanish.
Offers to Italian buyers from CIS producers are between $310-320/t cfr for end of June and July boarding. Italian mills are buying very small volumes in consignment at ports at the equivalent of $315/t cfr only to satisfy their immediate …
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous