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19 Aug
17:14

CIS pig iron market stays dead calm

Demand for merchant pig iron in all major importing regions has remained dead calm in the past week. Ongoing major feedstocks prices softening globally, punctuated by the holiday season in Europe and severe lockdowns in Asia, have consolidated in a week with no activity, very few indicative offers and more pig iron to sell, market participants tell Kallanish. As the market continues to incline to the still-silent buyers' favour amid shortening lead times,…
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