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19 Jul
09:22

Brazilian pig iron prices slip, market quiet

The Brazilian pig iron market remains slow. Export prices for pig iron moved down slightly amid reduced demand, sources tell Kallanish. They do not expect values to recover this month. “The market is very calm. No new deals and sales were concluded in the last 10 days," a market participant says. “Some producers stopped operations pressured by the current lower levels, while costs remain higher for the season." According to another …
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