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27 Nov
11:52

Italian pig iron import offers strengthen

Import offers for pig iron in Italy are rising by $20/tonne (€18/t) month-on-month and are expected to continue to climb in the coming days. This is in line with increases in both domestic and international scrap prices, Kallanish learns from market sources. Italian mills are continuing to buy very small tonnages in consignment at ports at the equivalent of $315-320/t cfr, or a slightly higher than in mid-November. CIS producers are now raising th…
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