Brazilian pig iron exports active again in positive price scenario

The Brazilian pig iron export market recorded its first transactions of 2018 this week, amid bullish views on the price outlook for the steelmaking raw material.

Offers for Minas Gerais-origin pig iron are being placed in the market at $360-370 per tonne fob for March shipment, following a deal closed at $360 per tonne fob, according to Brazil-based sources. As a result, Metal Bulletin’s weekly price assessment for Minas Gerais-origin pig iron exports increased to $360-370 per tonne fob on Friday January 12,...

Published

Ana Paula Camargo

January 12, 2018

13:40 GMT

São Paulo