Brazil's export pig iron market was quiet in the week to Friday October 9 because market participants in China were away for the National Day holiday and due to long lead times for delivery, sources said.
Fastmarkets assessed the price of pig iron, export, fob port of Vitoria/Rio, Brazil at $352-355 per tonne on Friday, widening upward from $352-353 per tonne one week earlier.Offers for Brazil-origin material were heard at $393 per tonne cfr China, equivalent to about $363-365 per tonne fob. This level was deemed "unworkable"...