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CIS PIG IRON: Market improves on better demand, higher scrap costs
Issued at 2017-12-01
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The export market for CIS-origin pig iron is gradually improving because of solid demand and rising scrap prices, Metal Bulletin has been told.
“Buyers are aiming to supply their pig iron needs before the end of the year,” a trader told Metal Bulletin on Thursday November 30. Metal Bulletin’s export price assessment for high-manganese pig iron from the CIS region was unchanged at $335-340 per tonne fob Black Sea on Thursday. “Since [the price of] scrap went up to $330 per tonne in Turkey,
Source: Metalbulletin
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