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08 Jul
12:08

Brazil’s pig iron market quietens

The Brazilian pig iron market is generally stable in early July. After having seen some movement in recent weeks, a new price increase could be expected for September and October contracts, local market participants tell Kallanish. “During the last week of June two deals were reported for nearly 30,000 tonnes and 20,000t of pig iron, to China and the US respectively,” a source comments. “The fob prices of these were at $300-310/tonne on average.…
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