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20 Sep
11:01

Italian pig iron prices fall in stagnating market

Italian pig iron prices are falling as market activity stagnates and sales remain very low. CIS basic pig iron export prices offers to Italy and the rest of the world have lost $30/tonne compared to last month, market participants tell Kallanish. Small tonnages have been sold to Italy at $325/t cfr or slightly less as Black Sea pig iron prices have reduced to $295-305/t fob. The Italian market is seen remaining extremely sluggish this month and sellers have…
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