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06 Sep
11:54

Italian imported pig iron prices weaken

Prices for imported Italian pig iron are seen decreasing in September negotiations. This is due to the €20/tonne ($23.2/t) fall seen in international pig iron prices, market sources tell Kallanish. Buyers from the US purchased large quantities of pig iron last month from CIS producers for October boarding at $395-400/t cif. This is expected to be repeated in Europe and in Italy. For November boarding, negotiations are expected to start mid-September for Ita…
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