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17 Jan
10:13

Brazil's pig iron prices rise, market sentiment positive

The Brazilian pig iron market rebounded in the third week of January. Export prices moved up, supported by the growing demand mainly from the US. European buyers are trying to source material but seem more conservative for the moment when dealing with new offers, sources tell Kallanish. “European buyers consider Brazil’s pig iron prices higher and, together with the longer supply time, it will be difficult to be assumed by their faster dynam…
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