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17 Jan
16:32

Merchant pig iron bottoms on low supply, sales

After weeks of inertia fuelled by buyers' absence from the market, the CIS merchant pig iron export market stirred into action last week, with sales to the Mediterranean region. Although sales were made at lower-than-offered levels, expectations are for prices to firm up somewhat on the ongoing revival in demand and limited availability, Kallanish learns from market participants. Several small and medium Ukrainian basic pig iron (BPI) lots were sold in …
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