13
Aug
09:44
Chinese, US demand lifts Brazil’s pig iron prices
Higher Asian and US demand have raised Brazilian pig iron prices, Kallanish learns from market participants. Levels have moved up by almost $10/tonne since the beginning of the month and by $20/t over mid-July.
“The Brazilian market is gradually emerging from the Covid-19 crisis, supported by increasing demand from China and the US in recent weeks,” a market participant says. “The lower availability of material, however, is still persisting…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous