| Black Sea merchant pig iron prices continue to show more downside, market sourced told S&P Global Platts on Friday. Platts weekly Black Sea pig iron price assessment stood on Friday at $255-$265/mt FOB Black Sea, indicating the mid-point of $260/mt, $15/mt down on week.
Turkish steelmakers were said to be particular bearish on pig iron prices on the back of strong pressure on the finished steel prices and anticipated corrections in scrap settlements...............................................Full Article: Source
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