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29 Jul
16:55

CIS pig iron exports remain slow

The CIS pig iron export market remains in a lull, with a few focussed sales to Europe concluded in the past week, where demand is slowly resuming. Two medium-sized parcels of Ukrainian material were sold to southern Europe. An Italian trader paid $662/tonne cfr and a Spanish buyer paid $675/t cfr, with net back calculated by Kallanish at around $635-640/t fob Black Sea, supported by high quality and relatively small volume. The negotiations between Brazi…
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