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12 Mar
06:03

Brazil pig iron prices increase again

Brazilian pig iron export prices moved up in the second week of March. New levels are in line with higher demand and shortages in the global raw materials market, Kallanish notes. "Prices increased by $10-15/tonne on-week since the beginning of March,” a market participant said on Friday. “Higher levels are supported by two new deals from the US and Mexico for May and June shipments. We have strong demand at higher-than-usual prices following the …
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