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30 Sep
16:28

US remains in vanguard of pig iron hikes

The upward momentum in the US merchant pig iron import market during September continued in the past week with one more Brazilian cargo booked in the US and another in Mexico, Kallanish notes. Having booked three Brazilian cargoes during the first half of September at offer-price level of $450/tonne fob Brazil, US buyers were back last week. They booked another combined 55,000t November-loading Brazilian cargo at $460/t fob, up $10/t on the last sales, grossing fo…
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