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18 Aug

Rising scrap boosts Black Sea pig iron values

Black Sea pig iron export prices saw a slight uptick last week, primarily driven by elevated imported scrap prices in Turkey. The absence of typically lower-priced Donbas suppliers worked in favour of Russian producers, market participants inform Kallanish. Participants anticipate increased trading activity this week or in September.  Three Russian mills assessed pig iron exports at $350/tonne fob, $350-360/t fob and $370-380/t fob Black Sea respectivel…
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