26
Feb
10:18
Brazil pig iron remains unchanged amid market pressure
Brazilian pig iron export prices remain stable. Market participants confirm to Kallanish that producers have tried to up their offers for end-March deliveries, but this has not been accepted by North American customers who continue to put downward pressure on the market.
"The gap between seller's and buyers’ expectations is very wide since Brazilian producers remain firm in not accepting bids lower than $460/tonne [fob Brazil]," says a tra…
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Anonymous
Very good overview of the weekly steel market.
Anonymous