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Russian pig iron producers raise prices after fighting limits Ukraine supplies

August 21, 2014 - 17:35 GMT Location: London

KEYWORDS: pig iron prices , Russia , Donetsk , Black Sea , Baltic Sea

Russia’s pig iron producers have pushed up their offer prices for basic low-manganese material by $10-15 per tonne in response to tightness in supplies from Ukraine.

Fierce fighting between pro-Russian rebels and Ukrainian military forces in the eastern Ukraine city of Donetsk saw the country’s largest merchant pig iron producer, Donetskstahl (DMZ), halt production earlier this week. Artillery shells hit the mill’s gas supplies, according to sources speaking to Metal Bulletin sister title Steel First on Wednesday August 20. In July, the mill had delayed deliveries of pig iron owing to disruptions...

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