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06 Dec

Italian pig iron ticks up

Italian pig iron offer prices are increasing. Demand is at good levels but no deals have been reported so far in December by distributors buying directly from Russian producers allowed to sell in Europe, sources tell Kallanish. Material in consignment at the main steel port of Marghera is also increasing by some $10/tonne on-month, with mills buying limited tonnages frequently at $420/t delivered. Quotes from Russian producers are at $400-410/t cfr, while the…
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