CIS PIG IRON: Purchasing activity slows down as customers restock

Trading activity in the export market for pig iron from the Commonwealth of Independent States slowed down this week because buyers in the United States had restocked and preferred to wait for clarity about the price of scrap in June.

Suppliers have almost their closed order books for July and can wait to get a clearer view of the US domestic scrap market. Traditionally, the scrap price there is set...


Marina Shulga

May 31, 2018

19:00 GMT