Venezuelan HBI export prices expected to rise in January

Dec 28, 2011 | 09:22 PM |

Export prices for hot briquetted iron (HBI) from Venezuela are expected to increase in January following a steep fall over the past three months, market participants said. Most deals for December shipment were closed in the range of $310-340 per tonne fob, while for January, prices are likely to reach $320-360 fob, depending on the producer and the product quality, sources....

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