19
Aug
16:44
Pig iron prices slide on competition, low demand
Stagnation in global merchant pig iron trade continues reflecting low demand in all major importing regions, peppered only by occasional sales at lower prices. Arrivals of previously booked tonnages are replenishing producers' immediate needs, while softening finished product market sentiment is weighing further.
US appetite remains significantly low, with rare soft indications of interest circling $450/tonne cfr, in line with the decline in August d…
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Anonymous
Very good overview of the weekly steel market.
Anonymous