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17 May
10:40

Brazil pig iron prices becalm on weak demand

The Brazilian pig iron export market has seen prices stabilise in mid-May following the general market downtrend seen since the begging of the month. Although values remain strong, lower demand is being registered from the US and China, Kallanish learns from market participants. “The North American market looks silent, waiting for Brazilian prices to slip further,” an international trader says. "Even if a drop is confirmed in the coming days, it w…
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