29
Nov
16:31
Russian pig iron trade halts amid potential sanctions
Russian pig iron trading remained on pause during the week, market participants inform Kallanish.
Mills’ pig iron breakeven point is approximately $380-400/tonne fob Black Sea, according to Russian producers, with the export duty and strengthening of the rouble impeding export business. Rumours about potential EU sanctions on Russian pig iron have stopped trade in that direction.
Difficult weather conditions in the Black Sea and Russian ports might pose fur…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous