Tulachermet to cut July pig iron exports by one-third

摘要

Tulachermet plans to signifcantly cut pig iron exports in July due to higher requirement from a recently launched partner company Tula Stal.The company plans to export about 100,000 t of merchant pig iron in July, down 30% month-on-month. Lower shipments are expected on all the key destinations (the USA, South Korea and Eastern Europe). The producer will sell 22,000 t (+5%) of merchant pig iron to the third parties in the local market.