01
May
13:51
Metalloinvest Q1 pig iron shipments soar
Metalloinvest reported a -3.5% on-year decline in steel shipments in the first quarter to 1.01 million tonnes. However, pig iron deliveries soared 23% to 577,000t thanks in part to an increase in buying from Nucor, Kallanish learns from the Russian steelmaker.
Shipments of pig iron and steel to Russia and Europe declined -18% and -34% respectively on-year to 311,000t and 237,000t in Q1. However, to the Middle East and North Africa they rose 19% to 501,000t and t…
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Anonymous
Very good overview of the weekly steel market.
Anonymous