13
Mar
14:54
Russian pig iron exporters retreat, await improved prices
Russian pig iron exporters have abstained from entering the market, opting to wait for more favourable prices. Current bids from foreign buyers are deemed unacceptable as they would lead to losses, market participants inform Kallanish.
Sources anticipate the ongoing disparity between mill quotes and buyer bids to persist for at least the next 7-10 days. However, some suppliers have reported being fully booked for months ahead and are unwilling to entertain prices …
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Anonymous
Very good overview of the weekly steel market.
Anonymous