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22 Apr
17:55

CIS pig iron prices rise on new sales

Merchant pig iron trading activity has switched from Brazil to the Black Sea in the past week, amid an ongoing push by producers to achieve higher prices. The past week has also brought the first April sales of CIS material to the US, priced at the lower end of market participants' working price assessment last week, Kallanish notes. A Ukrainian cargo was booked at $575/tonne cfr Nola, for late-May shipment, late last week. Negotiations for the cargo star…
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