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23 Sep
17:07

Merchant pig iron rebound stirs US into buying

Demand for merchant pig iron continues to accelerate in all traditional buying regions. China's appetite has encouraged the US and Italy to start booking new volumes, and traders to restock in the past week. The resulting activity has lifted prices up, with producers raising offers already this week, market participants tell Kallanish. Late last week a Ukrainian producer finally sold a large cargo to the US at just under $545/tonne cfr Nola for November l…
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