The pig iron export market in Brazil remained strong during the week to Friday May 14, but its growth was restricted by fluctuations in the price of iron ore, according to sources.
Fastmarkets' price assessment for pig iron, export, fob port of Vitoria/Rio, Brazil was $590-610 per tonne on Friday, up $15-20 from $575-590 per tonne last week.Offers from the south of Brazil increased to $620-630 per tonne fob early in the assessment week, compared with $610 per tonne...