Brazil, US pig iron markets more optimistic, but deals lacking

Brazilian pig iron sellers are more optimistic amid increased demand in global markets, but no deals have been heard in the country's main producing regions.

Sellers have been closely watching the improvement in prices of scrap in Turkey and expect further upside.
 
Fastmarkets' price assessment for pig iron, export, fob port of Vitoria/Rio, Brazil was $500-510 per tonne on Friday October 29, up from $500 per tonne the previous week.

Fastmarkets' price...

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