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26 Oct
09:22

Italian pig iron prices seen increasing, demand grows

The Italian pig iron market remains in a lull this week, with prices stable compared to the beginning of October. Like last week, traditional CIS suppliers are not quoting and are expected to return with increased offer prices, Kallanish learns from market participants. Mills continue to purchase 1,000-2,000 tonnes from the Port of Marghera, the main steel hub, at the equivalent of $560-570/tonne cfr. Demand from distributors who buy directly from the CIS to reple…
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