Tag: Russia Pig iron exports
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Russia-Ukraine War may upset global pig iron trade balance
With Russia-Ukraine controlling a whopping 50% of the global pig iron trade at around 7 million tonnes (mnt), steel industry circles are concerned about the impact of the war on this commodity. The total global seaborne trade in pig iron is estimated at over 13 mnt per annum. Russia saw a y-o-y 5.5% drop in…