Brazilian pig iron export prices up on renewed interest from USA

Brazilian pig iron export prices have increased this week on the back of renewed interest from the North American steel market, sources told Metal Bulletin.

A 70,000-tonne cargo from merchant pig-iron makers in Brazil’s northern region of Carajás was sold late on Thursday to a US mill at nearly $490 per tonne cfr, which equates to around $475 per tonne fob. The shipment is scheduled for January delivery. This is...

Published

December 16, 2011

13:20 GMT