26
Sep
14:10
Brazil’s pig iron market considers unfeasible new bids
Brazilian pig iron export prices have fallen, although insignificantly. The new agreements and sales closed at the end of the third week of September mainly with North American clients putting pressure on the market.
The recent agreements did not vary much in the final price compared to the last pig iron shipments to the US, as the drop of $5 per tonne was offset by an increase in the cost of freight by the same quantity, Kallanish learns from local sources.
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Anonymous
Very good overview of the weekly steel market.
Anonymous