Bookings to China save the day for CIS pig iron exporters

摘要

London—A flurry of new orders from China has given CIS merchant pig iron exporters a much-needed lifeline in the absence of traditional outlets including the US, Italy and Turkey, sources said Friday. As the coronavirus outbreak tightened its grip on the US, pig iron importers were not ready to discuss prices, a few sellers and traders said. Low interest from US buyers was also explained by the bearish price outlook in the coming weeks.