22
Nov
11:54
Some Italian demand returns for pig iron
Italian pig iron demand is increasing as sellers report more enquiries, particularly from distributors who buy from the CIS to replenish stocks at the main Italian steel port of Marghera, Kallanish hears.
Few transactions are being reported, however, as is low interest from steel mills that continue to buy material in consignment at Marghera for the equivalent of $490/tonne cfr, down $20/t on levels they were paying in mid-November. Sellers are reporting low…
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Anonymous
Very good overview of the weekly steel market.
Anonymous