Brazilian pig iron export prices down on weak scrap, low demand

  • Wednesday, September 25, 2019
  • Source:ferro-alloys.com

  • Keywords:RUSSIA FLAT STEEL, Price, seasonal demand
[Fellow]Export prices for pig iron from Brazil have gone down on the influence of weak global scrap pricing and fading demand.
[Ferro-Alloys.com] Export prices for pig iron from Brazil have gone down on the influence of weak global scrap pricing and fading demand, sources told Fastmarkets during the week ended Friday September 20.
 
Fastmarkets’ weekly price assessment for pig iron, export, fob Vitorio/Rio, Brazil, was $285-300 per tonne on Friday, down from $305-310 per tonne last week. Suppliers were heard to cut their prices, but were not ready to go to less than $300 per tonne fob. “Suppliers have reduced prices to generate offers but it doesn’t help,” one trader said.... (Metalbulletin)
 

Copyright © 2013 Ferro-Alloys.Com. All Rights Reserved. Without permission, any unit and individual shall not copy or reprint!
  • [Editor:kangmingfei]

Related News

·Price of Chinese iron ore is anticipated to make progress09-24
·Global steel industry facing surplus production: Union Steel Minis...09-23
·Vietnamese steel faces tough seas09-23
·Vale halts mining operations in Brucutu, Brazil09-20
·India to invite bids for coal mining blocks before year-end09-20

Tell Us What You Think

please login!   login   register
Please be logged in to comment!