07
Mar
18:04
Russian pig iron remains under pressure from scrap
Russian pig iron export prices remained under pressure due to falling scrap prices, leading to subdued demand as foreign customers wait for prices to bottom out, market participants inform Kallanish.
In certain markets, notably Italy, where pig iron market saturation levels are relatively high, further price reductions may not spur buying. This is because end-customers purchasing from distributors in Italy would demand discounts, complicating the distribution proc…
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Anonymous
Very good overview of the weekly steel market.
Anonymous