29
Jun
11:32
US-origin bid pressures Brazil's pig iron price
Brazilian pig iron export prices are starting to fall in the last week of June in line with the weakening global raw materials markets, Kallanish notes. Sources suggest that Brazilian export prices should remain flat at the beginning of July.
"Prices moved down by some $15-20/tonne on the back of last fresh sale to the US," one market participant comments. "One cargo of 55,000 tonnes, for July shipment, was confirmed this week. The deal precede…
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Anonymous
Very good overview of the weekly steel market.
Anonymous