14
Sep
09:39
Global shortage lifts Brazilian pig iron prices
Brazilian pig iron export offers have sharply increased since the beginning of the month, boosted by changes in the international market, Kallanish notes.
According to market participants, higher global prices have been driven mainly by Chinese demand and a shortage in the market.
“Levels have moved up by $10/tonne since the beginning of September,” a market participant says. “The availability of raw material, however, remains limited in Brazil.…
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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