Continued US demand extends price rally in export pig iron from Brazil

The price of pig iron exports from Brazil increased again during the week to Friday December 18, reflecting further sales to the United States at higher levels.

Fastmarkets assessed the price of pig iron, export, fob port of Vitoria/Rio, Brazil at $480-500 per tonne on Friday, up from $445-450 per tonne a week earlier.

Two sales to the United States were done at $480 per tonne fob for February and January...


Marina Shulga

December 18, 2020

18:10 GMT