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17 Nov

Italian pig iron prices stabilise

Italian pig iron prices are flattening compared to the beginning of the month. Demand is at average levels and a few deals have been reported in recent days by distributors buying directly from Russian producers allowed to sell in Europe, sources tell Kallanish. Demand from domestic mills remains limited due to long steel production cuts. Material in consignment at the main steel port of Marghera is at good levels and mills are continuing to buy limited tonne…
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