20
May
18:02
Pig iron prices rise further despite slow buying
Some destinations have accepted higher CIS merchant pig iron offers, but the US and China remain out of the market, as feedstock price volatility continues.
In a relatively quiet week, only a couple of small lots were sold to southern Europe, to traders, by a Ukrainian supplier, but at a considerably higher price than previous sales. A 10,000-tonne lot was booked at $680/tonne and a 5,000t lot at $685/t cfr, netting back to around $655-660/t fob Black Sea, Ka…
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Anonymous
Very good overview of the weekly steel market.
Anonymous