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06 Jan
16:58

Pig iron market prepares for post-holiday boost

Holiday season in the western hemisphere is keeping merchant pig iron trade at a slow pace, but some trades have still been concluded, with more negotiations and deals expected this week as holidays come to an end, market participants tell Kallanish. Ferrous scrap prices rises in Turkey and Asia are pushing price expectations upwards, and, coupled with a higher US January domestic ferrous scrap settlement, participants expect active demand. Supply restri…
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