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26 Jan

Italian pig iron demand increases

The Italian pig iron market is lively again after a period of quiet earlier this month. Demand is said to be strong and purchases are being implemented mostly from those Russian producers allowed to sell in Europe, Kallanish hears. Transactions are now in the range of $470-480/tonne cfr Italy, with no sales reported of Ukrainian material for which quotes are considered too high, at over $500/t cfr. Sources are signalling the return of Donetsk pig iron sold into It…
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