19
Dec
11:21
Italian pig iron prices reduce
Pig iron contract prices are falling in the Italian market as expected, in line with lower offers from those Russian producers allowed to sell in Europe, Kallanish hears.
Domestic demand for pig iron is lower this week due to imminent Christmas holiday stoppages. However, last week, distributors who buy from the CIS to replenish stocks at the main Marghera steel port purchased small lots from Russian companies at between $440-445/tonne cfr for January boarding. Th…
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Anonymous
Very good overview of the weekly steel market.
Anonymous