15
Nov
16:08
Russian iron suppliers limit offers on high costs
Russian pig iron producers continue to contend with the significant burden of export duties, exacerbated by the strengthening rouble against the dollar, which is weighing on costs, market participants inform Kallanish.
Consequently, many exporters have opted to modify their production schedules by either reducing pig iron output or redirecting towards the domestic market, instead selling finished steel. They are also shifting focus to selling slab rather than raw …
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Anonymous
Very good overview of the weekly steel market.
Anonymous