31
Mar
16:40
Pig iron prices rise, but trade subsides
The merchant pig iron market has quietened down in the past week amid ongoing price rises and lengthening lead times. Russian suppliers' difficulties in shipping contracted material also weighed on buyers' readiness to commit to purchasing, but some Russian tonnage was sold to the Mediterranean, Kallanish learns from market sources.
US buyers stepped back from the market in preparation for April domestic ferrous scrap settlements, which are expec…
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Anonymous
Very good overview of the weekly steel market.
Anonymous