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29 Mar
11:31

Italian pig iron price flattens on low demand

Italian pig iron prices remain steady compared to mid-March but the market is sluggish and demand is weak, market sources tell Kallanish. Offers to Italy from Russia and Ukraine are at $375/tonne cif. For high quality pig iron, one producer from the CIS region is also asking $395/t cif. A few transactions in a very quiet market have been agreed at $375/t cif for small tonnages. However, the majority of  Italian transactions are conducted from…
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