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Merchant pig iron sentiment remained firm in the major importing regions, including the US, in the past week, but buyers' resistance to accept higher offers remains amid uncertain post-Lunar New Year activity, Kallanish observes. In the US, negotiations continued with Ukrainian producers, who are aiming to sell at above $520/tonne cfr Nola but facing slight resistance from buyers. Sellers' position is pegged by the high likelihood of US February domestic f…
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