09
Dec
11:51
Italian pig iron values decline amid holiday
Pig iron prices are falling in the Italian market, with offers from those Russian producers allowed to sell in Europe reducing by some $40/tonne compared to the end of November, Kallanish hears.
After surging last month, domestic demand for pig iron is now subdued. Distributors who buy from the CIS to replenish stocks at the main Marghera steel port are not in the mood for buying and mills continue to prefer scrap to pig iron. The upcoming Christmas holiday and 8-…
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Anonymous
Very good overview of the weekly steel market.
Anonymous