Brazil pig iron export market stable on lack of deals

摘要

No new deals were reported in the pig iron export market from Brazil during the week to Friday March 19, with the market remaining firm. Fastmarkets’ price assessment for pig iron, export, fob port of Vitoria/Rio, Brazil was $520 per tonne on Friday, unchanged since March 5. Offers of pig iron for May-June shipment were reported at $520-525 per tonne fob, several sources said. That was lower than offers reported a week before, which were $530-540 per tonne fob, but in line with the latest sales.