27
May
15:31
Pig iron trade lulls as buyers withdraw
The global merchant pig iron price downtrend has slowed in the past week, which saw no significant deals made, with buyers' bid indications rare in all regions.
The market has slowed more amid India's implementation of a 15% export duty on pig iron exports, causing opposing reactions from producers and Indian domestic and international pig iron buyers, leading to a stalemate in trade. Although some Indian pig iron offers are understood to have still b…
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Anonymous
Very good overview of the weekly steel market.
Anonymous