12
May
16:20
Merchant pig iron values continue to plunge
Merchant pig iron prices continue to fall, with only Brazil keeping indicative offers firm on the back of long order books. The first availability of Brazilian new production orders is not before late August/September, Kallanish learns, while Asian and CIS supply is available sooner but with various delivery and quality complications.
Amid US buyers’ reluctance to engage, two lower-priced Indian consignments were booked, at $820/tonne cfr Nola for a large 50…
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Anonymous
Very good overview of the weekly steel market.
Anonymous