Brazil's pig iron export market falls on bearish buying

August 10, 2021 / www.metalbulletin.com / Article Link

Brazil's pig iron export market dropped in the week to Friday August 6 due to pressure from bearish buyers in the United States, sources told Fastmarkets.

Fastmarkets' price assessment for pig iron, export, fob port of Vitoria/Rio, Brazil was $540-542 per tonne on Friday, down from $560-570 per tonne a week earlier.

A sale of 55,000 tonnes of pig iron with September shipment was heard to...

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