Brazilian pig iron export prices up on fresh trading activity

Export prices for Brazilian pig iron grew over the week, due to fresh trading activity ahead of the New Year holiday.

Metal Bulletin’s weekly price assessment for Minas Gerais-origin pig iron increased to $350-360 per tonne fob on Friday December 22, from $340-345 per tonne fob a week earlier. A cargo of pig iron produced in Brazil’s south-eastern Minas Gerais state was sold at $350 per tonne fob to the Peruvian market, according to sources. A second 30,000-tonne cargo of Minas Gerais-origin pig iron was acquired by a client...

Published

Ana Paula Camargo

December 22, 2017

11:11 GMT

São Paulo