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03 Dec
11:36

Italian pig iron to continue hiking on shortage

Italian pig iron import prices have reached $600/tonne cfr, up $15-20/t month-on-month, with values expected to increase more in the coming weeks. Two CIS producers continue to refrain from quoting due to persistent shortages. Demand from Italian buyers is said to be strong, Kallanish learns from market participants. Last week, mills continued to purchase pig iron from the Port of Marghera, the main steel hub in Italy. One CIS producer is selling to distributors a…
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