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02 Oct
14:04

Brazilian pig iron prices fall

Brazilian pig iron export prices dropped sharply at the beginning of October. This follows ongoing uncertainty over the direction of raw materials prices, as well as weak international demand and the generally inactive domestic market, sources tell Kallanish. According to market participants, limited demand after the fall in scrap and iron ore prices globally caused the Brazilian export prices to fall by almost $50/tonne. Meanwhile, local mills again postpo…
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