Friday, February 11,
Pig iron market in China seems sluggish and only few transactions concluded at the end of the day as holiday sentiments still exist in market.*
On the contrary, market in North Eastern China showed an upward trend. Counting on its regions all important pig iron market are edging up and in terms of industry chains coke price is set to rise as iron ore prices already increased slightly.
Domestic pig iron market in China would remain firm at this moment and it gives some indications that market might climb once holiday sentiments vanishes.
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