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19 Dec
12:14

Brazil’s pig iron price strong on US bids

Brazilian pig iron export prices continue to rise, supported by increased interest from North American customers. Buyers are seen to be in a rush to close deals before Christmas, although the highest offers from Brazilian sellers are far from materialising due to short supply times, Kallanish learns from market participants. “The price increased by $10/tonne in one week but Brazilian sellers are not in the position of taking advantage of the situation becaus…
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