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03 Apr
15:37

Russian pig iron market quietens after active trade

Demand for Russian pig iron remains weak, with sellers also showing little activity following active sales in the preceding weeks, market participants inform Kallanish. “Sales pressure on sellers has decreased, following the large sales to Europe last week, and I therefore don’t hear of any [Russian pig iron] offers this week in Turkey,” a Turkey-based trader says. The largest merchant pig iron supplier was heard offering at $405/tonne fob Black…
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