April 2014 | Steel Raw Materials
The USA has been the primary market for Brazil-origin pig iron exports: Iron Metallics Highlights
Brazilian pig iron producers lose US market share to CIS producers in January-February.
Brazilian pig iron production in the Pará and Maranhão states has continued to be affected by rains and the recent appreciation of the Brazilian real against the dollar. In fact, wetter weather requires a greater volume of eucalyptus trees to be burned in order to obtain the necessary amount of charcoal for pig iron production, while the real, which strengthened by 9.5% between January 29 and April 10 compared to...
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