Southern Brazil resumes pig iron exports but prices go down

Pig iron exporters in the south of Brazil have resumed sales activity after a month-long silence, although the price has gone down because of low demand in response to falling scrap prices.

Fastmarkets’ weekly price assessment for pig iron, export, fob Vitorio/Rio, Brazil, was $275-280 per tonne on Friday September 27, down from $285-300 per tonne last week.

Over the week, suppliers sold several cargoes of pig iron to China at around $275-280 per tonne fob. The combined volume of all these deals was heard...

Published

Marina Shulga

September 27, 2019

20:38 GMT

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