13
May
08:42
Brazilian pig iron prices move up
Brazilian pig iron export prices rose in the second full week of May. New levels are in line with higher demand in the global raw materials market, Kallanish notes. Sources suggest that there is room for new upward price adjustments in the next few days since most of the local mills have no availability of material until July.
"Prices moved up some $25-30/tonne since the beginning of May,” a market participant comments. “Higher levels ar…
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Anonymous
Very good overview of the weekly steel market.
Anonymous