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14 Nov
14:12

Italian pig iron market continues to stagnate

The Italian pig iron market continues to be uneventful despite some interest reaching sellers this month and Ukrainian offers resurfacing. Suppliers continue to prefer selling at higher values in the US and have limited availability for Italian buyers, Kallanish hears.  Some Russian pig iron sales have occurred this month at $470-480/tonne cfr Italy, in line with offers. Italian scrap prices are increasing but mills continue to prefer scrap to pig iron. They …
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