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02 Dec
16:21

Pig iron market remains subdued with few sales

The merchant pig iron market continued to lull in the past week, with the exception of a couple of Brazilian deals in the western hemisphere. The CIS merchant pig iron export market was quiet, with no negotiations on account of diverging price expectations in the unclear environment, Kallanish observes. In the US, buyers remained on the fence after the Thanksgiving celebrations, and in expectations of more clarity in the domestic scrap market, which is poised for …
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