01
Oct
15:24
Merchant pig iron trade stalls again
The merchant pig iron market has subsided in the past week as Chinese buyers retreated before the Golden Week holidays this week. This has nudged US buyers back on to the fence in preparation for October domestic scrap settlements.
One 60,000-tonne southern Brazilian cargo was booked in China in the same range as previous cargoes – around $555/tonne cfr, according to traders – and scheduled for December loading. However, no other significant trade volu…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
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