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14 Feb
13:01

Italian pig iron prices flatten

Italian pig iron demand remains sustained so far this month, with purchases being implemented mostly from the CIS region, Kallanish hears. Brazilian pig iron is not considered competitive at $480-490/tonne fob Brazil. Transactions with Russian companies allowed to sell in Europe are occurring in the range of $490-500/t cfr Italy, while one small batch of Ukrainian material was sold this month at $520/t cfr. All contracts agreed with CIS suppliers this month are fo…
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