Brazilian pig iron exporters bullish on long lead times

Brazilian pig iron exporters were bullish this week because of long lead times for material from the south of the country, and resumed sales to the United States from the north of Brazil, Fastmarkets learnt during the week ended Friday March 15.

Fastmarkets’ weekly price assessment for pig iron exports from the southeastern Minas Gerais region was $336-340 per tonne fob on March 15, up from $334-336 per tonne a week before. No deals have been heard since several cargoes of pig iron with 0.15% phosphorous content were sold at $334-336 pet tonne fob in early March. One supplier...

Published

Marina Shulga

March 15, 2019

17:55 GMT

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