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26 Apr
12:21

Italian pig iron to decline in new deals

Italian pig iron prices are seen falling due to large availability and lower offers from sellers. Buyers are adopting a wait-and-see attitude and the Marghera port, the main Italian steel hub, is receiving large quantities of previously-ordered material. Some pig iron producers are restarting facilities in Ukraine and re-arranging their logistics before quoting product to Italy. Russian companies such as Tula have recently been banned from selling into Europe, but…
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