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Global pig iron market settled - for now - after disruptions in 2022 from war in Ukraine

The global pig iron market has undergone huge changes in trade flows and price trends caused by the war that was begun by Russia against Ukraine in February 2022, as well as the different approaches being taken by key …
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China divided on steel export tax rebate in the face of mounting tax evasion

The chairman of Shousteel brought up the matter of the export tax rebate for high-end steel products China’s annual “Two Sessions,” and market participants had different opinions on whether the rebate would save China’s …
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Chinese steelmakers opt for low-Fe iron ore despite increased hot metal output

Chinese hot metal production has been increasing since the end of the Lunar New Year holidays, strengthened by the expectation of stronger steel consumption in the coming months, particularly in the second quarter.
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China’s stainless steel, NPI demand will find it difficult to recover strongly in H1 despite housing industry stimulus packages

China’s market participants do not expect a strong recovery for the stainless steel and nickel pig iron (NPI) markets in the first half of this year, despite the central and local governments’ housing stimulus package.
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