Export pig iron prices from southern Brazil have increased on new deals, while iron ore costs rose following the tailings dam failure at one of Vale's mines, Fastmarkets learned on Friday February 1.
DNEPR, Ukraine - Export pig iron prices from southern Brazil have increased on new deals, while iron ore costs rose following the tailings dam failure at one of Vale's mines, Fastmarkets learned on Friday February 1.Fastmarkets' weekly price assessment for pig iron exports from the southeastern Minas Gerais region was $310-316 per tonne fob on February 1, widening upward from $310-312 per tonne fob a week ago.One trading company was heard to buy pig iron cargoes from the south of Brazil....