05
Dec
11:50
Brazil’s pig iron pricing increases, market sentiment positive
Brazilian pig iron export prices continue moving up in line with the recovery of global raw materials markets, Kallanish notes. Sources suggest that Brazilian sellers should further increase their export offers.
"Prices rose by some $5-10/tonne in last ten days on the back of last two fresh shipments to the US," one market participant comments. "Two cargoes of 55,000 tonnes each, for July shipment, [were] confirmed at the beginning of December. The …
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Anonymous
Very good overview of the weekly steel market.
Anonymous