Brazil pig iron export deals to pressure domestic prices
Aug 30, 2013 | 12:18 PM
| Juan Weik
SÃO PAULO Brazils domestic pig iron tags will likely come under pressure after a second export deal for 50,000 tonnes of pig iron from Brazils southeastern Minas Gerais state, sources said.
Prices in Minas Gerais have been stable at some 740 real ($313) per tonne ex-works the past few months but could rise in the near future on lower supply and the devaluation of Brazils currency.....
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