Pig Iron prices in China remain more or less same as steel mills were not making too many purchases on account of weak demand.
As a result, offers are anticipated to come down as plants are holding stock in large quantities and steel billet prices have slightly come back to previous levels.
Thee is a slight rise in cost of transportation due to which trades have limited.
For some time now, Pig Iron might be traded at same prices ans meet with reductions later on.
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