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16 Dec
16:42

New deals pressure merchant pig iron

CIS and Brazilian pig iron export markets remain in the grip of inertia, but Indian ironmakers' efforts to find buyers for their goods have yielded sales, as offers reached acceptably low levels, Kallanish learns from market participants. Buyers remain cautious everywhere, unwilling to commit to current offers, as they are still receiving higher-priced stocks. Amid the descending product price trend spreading across the hitherto firm markets such as …
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