19
Apr
12:43
Mobarakeh Steel increases tonnages supplied to Marcegaglia
Mobarakeh Steel (MSC) has preliminarily agreed to increase the tonnage of hot and cold rolled coil it will deliver to Marcegaglia. The two firms initially began a trading relationship in 2014 when MSC sold the Italian steel processor 350,000 tonnes of steel.
Under a new memorandum of understanding, Iran’s largest steelmaker will now supply 50,000-80,000 tonnes/month of HRC and CRC to Marcegaglia, as well as 20,000-30,000 t/month of prime slab from subsidia…
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Very good overview of the weekly steel market.
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