Brazil's pig iron export prices stable ahead of holidays, uncertain scrap market

摘要

Export prices for Brazilian pig iron were unchanged this week, amid upcoming holidays in various global regions and uncertainty over scrap prices in the United States."The market is waiting for a clear direction on where scrap prices in the US are heading," a Brazil-based source said."Besides closely following the settlement of US scrap prices, the Brazilian pig iron market is also quiet due to the Carnival break in Brazil and the Chinese lunar new year," a second local source said.