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17 Nov
12:22

Shortages to lift Italian pig iron import prices

Italian pig iron prices are now flattening. Demand from distributors who buy directly from CIS producers remains strong, but some producers are not quoting because of short supply, Kallanish learns from market participants. Distributors who replenish stocks at the Port of Marghera, the main steel hub in Italy, bought large tonnages at between $580-590/tonne cfr Italy earlier this month. Mills continue to purchase 1,000-2,000 tonnes from Marghera at the equivalent …
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