Brazil pig iron export market muted on long lead times

The export market for pig iron from Brazil was muted this week because suppliers were sold out for September, sources told Fastmarkets on Friday August 9.

Fastmarkets’ weekly price assessment for pig iron, export, fob Vitorio/Rio, Brazil, was $325 per tonne on Friday, unchanged week on week. Offers from mills were heard at $320-325 per tonne net to producer, or about $325-330 per tonne fob including financing costs, for October shipments. “We have at least two weeks to wait...

Published

Marina Shulga

August 09, 2019

17:10 GMT

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