CIS Pig Iron Market, weekly review

28/10/2016

CIS pig iron suppliers have continued to increase offers amid uptrend in the raw materials (scrap), Turkey’s local billet segments and also owing to higher production cost. Exporters reportedly continue to eye sales to the EU and Turkey, considering a bids difference with consumers from USA. Demand and pig iron prices may pick up in November in the US, to make this market more attractive to CIS exporters...


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