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11 Dec
07:35

Brazil`s pig iron prices rise

Brazilian pig iron export prices rose in the second week of December. New levels are in line with movement seen in the global raw materials market, Kallanish notes. According to market participants, however, the main importers of Brazil`s raw materials stopped purchasing following the upward trend. "Prices moved up by $20-25/tonne on-month form the beginning of December. Chinese clients are not ready to accept the new price growth for the moment and remain si…
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