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11 Jun
07:04

Brazilian pig iron to remain strong in June

Brazilian pig iron export prices are set to remain above $600/tonne in the coming weeks. This level is in line with higher demand in the global market and also supported by lower availability of the feedstock in Brazil, Kallanish notes. Sources suggest local mills have their order books full until September. “Brazil increased its pig iron prices since the beginning of June, supported by Mexican and US demand,” an international market participant says. …
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