Brazilian pig iron export prices down in late September on global weakness

Export prices for Brazilian pig iron have fallen this week, as producers struggle to keep prices at high levels while scrap values fall and buying interest is reduced.

Metal Bulletin’s weekly price assessment for Minas Gerais-origin pig iron came to $350-355 per tonne fob on Friday September 29, against $360-370 per tonne fob a week earlier. “There were no transactions reported [for Minas Gerais output] in the past 30 days. We are keeping...

Published

Ana Paula Camargo

September 29, 2017

15:45 GMT

São Paulo