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09 Oct
07:51

Brazilian pig iron market awaits China's return

Brazilian pig iron export offers slipped at the beginning of the month, mainly affected by changes in the international market, Kallanish notes. According to market participants, global prices have been driven down mainly by reduced Chinese demand. “Levels fell by $10-15/tonne at the beginning of October as results of China's Golden Week holidays,” a market participant says. “However, with the returning of Chinese demand, prices should be ba…
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