28
Feb
17:32
Sharp CIS pig iron trade drop lifts prices
The merchant pig iron market has been hit by the shock of Russia's invasion of Ukraine, disrupting trade further and posing serious prospects of severe material shortages in the already undersupplied market, Kallanish observes.
Prior to the invasion on 24 February, a 15,000-tonne Ukrainian pig iron cargo was booked by Turkey at $585/tonne fob Black Sea, for end-March loading. Another Ukrainian producer's cargo with 10,000t of pig iron sold at aro…
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Anonymous
Very good overview of the weekly steel market.
Anonymous