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US PIG IRON: Price rises as buyers resume purchases
Issued at 2019-02-19
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Pig iron buyers in the United States have resumed purchases at higher prices, Fastmarkets learned on Friday February 15.
Fastmarkets’ import price assessment for pig iron in the US was at $355-360 per tonne cfr on Friday February 15, narrowing upward by $5 per tonne week on week. One deal for pig iron from the Commonwealth of Independent States was heard around $355 per tonne cfr early in the week. Another deal, for 70,000 tonnes of Russia-origin material, was done at $360 per tonne cfr.
Source: metalbulletin.com
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