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09 Apr
11:00

Italian pig iron prices stabilise on low demand

Italian pig iron prices remain steady compared to March in a very slow market and a situation of low demand from mills, market sources tell Kallanish. Offers to Italy from Russia and Ukraine are still between $380-390/tonne cif. However there were very few transactions at $370-375/t cif last week, sources say. While the majority of Italian transactions are conducted from material already in consignment at ports, as they were last month, …
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