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07 Oct
16:32

Merchant pig iron market awaits possible rebound

Merchant pig iron trade remained subdued in the past week, but sentiment has stirred considerably on expectations of higher demand for pig iron from China and other regions. Producers here are starting to suffer from higher coking coal and power costs, and are mulling hot-end stoppages, Kallanish learns from market participants.  No trade has been noted this week, but offers rose to the US by around $10-20/tonne, although they were still just indications…
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