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24 Apr
10:44

Brazil’s pig iron price seen increasing, sentiment positive

Brazilian pig iron export prices have remained stable. The market situation is set to change in May following growing demand from the US and Mexico. New purchases are expected to be concluded at a higher value, Kallanish learns from local market participants. “Higher interest from North America will be relevant to the market in the short term and will put upward pressure on negotiations for the Brazilian material,” an international trader says. “…
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