13
Dec
09:52
Chinese demand drives up Brazilian pig iron prices
Brazilian pig iron market players have increased their offers in the lead up to Christmas. These were driven by rising Chinese demand and low availability of the material in the last two weeks, sources tell Kallanish.
“The Brazilian market has shown higher demand for pig iron from China during the last ten days,” says a source. “Two cargoes of nearly 40,000t were sold to Asian companies, but local mills do not have the availabili…
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Anonymous
Very good overview of the weekly steel market.
Anonymous