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26 Nov
15:53

Merchant pig iron market flatlines, expectations diverge

The merchant pig iron market remains in a lull with the exception of a couple of small cargoes traded by DMZ, a mill situated in the self-proclaimed eastern Ukrainian breakaway Donetsk Republic. Mainstream suppliers were largely out of the market, amid limited availability and expectations of higher prices in December, Kallanish observes.  After booking Brazilian material at $570/tonne cfr Nola, US buyers retreated for Thanksgiving celebrations, calming …
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