Brazilian pig iron export prices increase in firm market

Issued at 2018-01-20

Firm market conditions have led export prices for Brazilian pig iron to rise for the second week in a row.

Metal Bulletin’s weekly price assessment for Minas Gerais-origin pig iron exports increased to $370-375 per tonne fob on Friday January 19, from last week’s $360-370 per tonne fob. A 30,000-tonnes cargo of material produced in Brazil’s south-eastern Minas Gerais state was sold at $370 per tonne fob at the beginning of the week

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Source: Metalbulletin