Inactive Brazil pig iron export market still more alluring than domestic

Brazil's pig iron export market remains inactive but is still more attractive for suppliers than the domestic market, sources told Fastmarkets on Friday August 16.

Fastmarkets’ weekly price assessment for pig iron, export, fob Vitorio/Rio, Brazil was at $325 per tonne on Friday, unchanged from the previous week. Offers from mills were heard at $325-330 per tonne fob, including financing costs, for October shipments but no market activity was reported. “The problem is that we [suppliers from the South of Brazil] have pig iron with...

Published

Marina Shulga

August 16, 2019

22:15 GMT

Dnepr, Ukraine