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14 Oct
12:11

Italian pig iron prices seen increasing

Italian pig iron prices remain stable this week compared to the beginning of October but the market is going through a very quiet period as traditional CIS suppliers are not quoting, Kallanish learns from market participants. So far in October, mills have continued to regularly purchase between 1,000 and 2,000 tonnes from the Port of Marghera, the main steel hub, at the equivalent of $550-570/tonne cfr. Pig iron in consignment at the port is abundant. Demand from …
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