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28 Sep
11:41

Italian pig iron prices stabilise in uncertain market

Prices for imported Italian pig iron are steady compared to last week as the downward trend has been arrested and offers have stabilised, market sources tell Kallanish. In Italy prices are unmoving at $395/tonne cif, equivalent to €340.7/t, as Italian mills are continuing to buy material in consignment at ports. The market remains quiet whilst anticipating further movement. Pig iron values however are not seen decreasing due to…
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