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26 Jul
12:28

Italian pig iron prices flatten, demand hikes

Italian pig iron prices have flattened week-on-week. With no change from last week, there is no hunger for material and activity in all steel products and raw material is cooling this week as the August holiday approaches. Asian lower-grade pig iron is offered in Italy at $645/tonne cfr (€546) and $650/t cfr Brazilian pig iron. Sales of this material are expected to happen as some demand is registered by sellers. The large distributors last week have purchase…
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