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05 Jun
16:14

Russian pig iron trade pauses

The Russian pig iron market has remained predominantly quiet, with producers in no rush to sell material, market participant inform Kallanish. There is still hope for a temporary Russian export duty suspension, which is expected to be announced in June. That would be beneficial for Russian mills; however, there is no general consensus on whether this duty exemption would impact pig iron market prices. At the same time, potentially increased volumes on offer i…
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