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03 Feb

Italian pig iron prices increase

Italian pig iron demand is said to be strong and purchases are being implemented mostly from the CIS region, Kallanish hears. Transactions are now in the range of $500-510/tonne cfr Italy from those Russian producers allowed to sell in Europe and about $520/t cfr for Ukrainian material. These are for relatively small vessels that will reach the country between the end of February and March. No sales are reported for Donetsk pig iron into Italy so far this month as…
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