Brazil pig iron export market remains strong on long lead times

Export pig iron prices from Brazil bucked an increasingly pessimistic trend in the global market and remained strong during the week to Friday May 28, mainly due to long lead times.

Fastmarkets’ price assessment for pig iron, export, fob port of Vitoria/Rio, Brazil was $620 per tonne on Friday compared with $610-620 per tonne fob one week earlier.

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Published

Marina Shulga

May 28, 2021

17:06 GMT

Dnipro