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09 Aug
09:47

Brazil`s pig iron market quietens, July exports rise

The Brazilian pig iron market is generally stable in early August. Despite having seen some movement in recent weeks, an estimate for the price increase driven by new contracts could not be confirmed, local market participants tell Kallanish. “During last week of July two deals were reported for nearly 40,000 tonnes and 30,000t of pig iron, to Turkey and the US respectively. Although fob prices of these were at $320-324/tonne, the Brazilian market did not …
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