Brazilian export pig iron price rises as mills sell out

The export price for pig iron from Brazil has improved because of the long lead times for the material, Fastmarkets learnt during the week ended Friday March 29.

Fastmarkets’ weekly price assessment for pig iron exports from the southeastern Minas Gerais region of the country was $343 per tonne fob on March 29, up from $335-340 per tonne a week before. One deal for 50,000 tonnes of pig iron with 0.15% phosphorous content was done by a trader to the East Asian...

Published

Marina Shulga

March 29, 2019

19:08 GMT

London