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08 Jul
16:37

Pig iron rebounds in Turkey, under pressure elsewhere

Buying interest in the global merchant pig iron market has been largely absent in the past week in all regions, except for the Mediterranean and Asia. The interest that did come did not all conclude in sales, Kallanish observes. In the US, amid the July scrap trading start, buyers continued to indicate no interest in booking pig iron at current offer levels, exerting gentle but firm pressure on Brazilian buyers. As prices of scrap are expected to settle …
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