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07 Nov
11:10

Brazil's pig iron price rises, costs pressure market

Brazilian pig iron export prices have risen, although insignificantly. Two deals with North American clients pushed the increase at the end of the first week of October. Production costs and higher freight continue concerning the local market, Kallanish learns from a Brazilian supplier. “Our production costs are currently very high. Freight is also increasing, and even constantly reducing our profit margin, it is unfeasible to maintain normal activity,&rdquo…
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