Brazil pig iron export market muted on full order books

Brazil’s export pig iron market was quiet during the week to Friday October 16 because suppliers have full order books and expected higher prices in the Chinese market.

Fastmarkets assessed the price of pig iron, export, fob port of Vitoria/Rio, Brazil, at $352-355 per tonne on Friday, unchanged week on week because no trading activity was reported.

Pig iron offers from the south of Brazil were reported at $360 per tonne fob, which was...


Marina Shulga

October 16, 2020

17:54 GMT