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13 Oct
07:41

Brazil’s pig iron export prices remain stable

Brazilian pig iron export prices have been stable so far this month amid poor demand from the country’s main buyers, the US and Mexico, Kallanish learns from local market participants. The average pig iron export price is now at around $475-480/tonne fob Brazil, stable since the beginning of the month. However, if lower purchases from abroad and the devaluation of the real versus the dollar continue, this could push pig iron prices down in the coming weeks, …
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