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28 Feb
11:48

Italian pig iron market quietens

Italian pig iron prices are stable week-on-week with few sales and amid quietening market activity, sources tell Kallanish. Offers to Italy from Russia and Ukraine remain at $360-370/tonne cfr translating to €315.3-324.1/t cfr. One producer has sold pig iron for foundries at $380/t cfr starting from a level of $390/t and over, sources say. Italian transactions are mainly conducted from material already in consignment at ports at the equivalent of $360-…
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