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19 Nov
16:05

Brazil catches up with CIS pig iron prices

The merchant pig iron market was quiet last week amid the ongoing reshuffling of fundamentals, but the previous week's firming sentiment pushed Brazilian suppliers to increase prices and nail US sales. Although demand in the US remains lacklustre, regular single weekly sales continue to take place, keeping steelmakers' stocks topped up. The regularity of Brazilian deals into the US in the last six weeks has extended producers' lead times firmly in…
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