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15 Apr
17:13

Pig iron prices consolidate below CIS offer levels

Merchant pig iron prices continue to push up, but sales are scarce as CIS suppliers' offers remain above most buyers' price ideas. Despite earlier expectations of its return to the market, China remains out, and the Black Sea market lacks the momentum traditionally accompanying the world's largest steel producer's buying sprees, Kallanish notes.  But Brazilian sales have been trickling in, both in the western and eastern hemispheres, and wit…
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