Brazilian export pig iron prices up on supply-demand imbalance

Pig iron exporters in southern Brazil increased deal prices due to a supply-demand imbalance, sources told Fastmarkets on Friday November 1, although the sources differed on the source of the imbalance - higher demand or lower availability.

Fastmarkets’ weekly price assessment for pig iron export, fob port of Vitoria/Rio, Brazil was $287-292 per tonne on November 1, up from $273-275 per tonne a week before. A sale of 30,000-35,000 tonnes was heard from the south of Brazil to Peru at $287-292 per tonne fob....

Published

Marina Shulga

November 01, 2019

17:10 GMT

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