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24 Nov
09:28

Italian pig iron seen increasing again

Italian pig iron prices are forecast to increase again next week in line with international prices, with import offers seen reaching $420-425/tonne cfr Italy. Distributors have purchased from CIS producers to replenish stocks in consignment at the Port of Marghera, the main steel hub in the country. Italian pig iron purchases have almost halved compared to last year as only three distributors implement purchases directly from producers to replenish stocks. Mills t…
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