15
Apr
12:38
Indian supply cools pig iron, Ukraine return awaited
The merchant pig iron market continued to diverge last week amid new Russian supply restrictions, increased Indian offer volumes, extremely long lead times from Brazil and anticipation of Ukrainian material returning to the market.
The combination of factors has placed the overwhelming majority of global buyers on the fence, in expectation of new offers following the current price correction, which continues, especially in Turkey. The country remains the only viab…
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Anonymous
Very good overview of the weekly steel market.
Anonymous