News
Brazil pig iron exporters bullish on higher charcoal costs, good local market
Issued at 2020-11-03
Tweet
Brazilian pig iron suppliers were bullish about the export market because of possible higher charcoal costs and good local demand, but no serious negotiations have been heard at the offer level, sources said on Friday October 30.
“The rainy season started in mid-October but pig iron producers already have concerns about charcoal prices,” one trader said. Fastmarkets assessed the price of pig iron, export, fob port of Vitoria/Rio, Brazil, at $355 per tonne on Friday, unchanged from a week earlier.
Offers were announced at prices as high as $400 per tonne fob, although no negotiations were heard at this level, sources said.
Source: Metal Bulletin
Tweet
Related News
- Brazil producers look to halt pig iron output as US tariff threat crimps demand
- Trump's 50% Tariff Hike on Brazil Also Unsustainable for the U.S.
- US tariffs pose threat to Brazil’s mining, steel
- Brazil's Drop In Key Exports To The United States: What Happened And Why It Matters
- Brazil: Iron ore exports rise 10% y-o-y in Jun'25
- Overview of China's aluminium production in June 2025 and forecast for July
- ‘Nail in a coffin’: Trump’s steel, aluminum tariffs bleed Indian foundries
- India’s Hindalco to acquire US alumina maker AluChem
- See all News
