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14 Jan
11:36

Brazil pig iron prices fall in early January

The Brazilian pig iron export market has started the year with a price reduction. Values have moved down following lower demand from the US and China, Kallanish learns from market participants. “Demand from North America continues to be poor, while the Chinese market remains silent,” an international trader says. “Raw material prices have however risen following the heavy rains in Brazil. This hike could also filter through to the pig iron market…
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