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15 Mar

Brazilian pig iron prices hike, February exports dip

The Brazilian pig iron market rebounded in the second week of March. Export prices moved up, supported by the recent increase observed in the international scrap market, sources tell Kallanish. “Current values are expected to remain high throughout the month, although raw material availability will remain very limited until at least June,” says a market participant. The average Brazilian pig iron export price is at $525/tonne fob Brazil. &ld…
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