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Brazilian pig iron swings in April as U.S. seeks imports
Pig iron produced in Brazil had been on an upswing in early April, after a decrease in March.
Pig iron produced in Brazil had been on an upswing in early April, after a decrease in March.
Soft-to-strong sideways headed into April?
Will prices continue downward in April? Where is the pig iron market heading? How are the steel mills operating?
Prices for pig iron in Brazil have increased despite efforts by U.S.-based buyers to lower them. It has been confirmed that a U.S. buyer has purchased a 55,000 MT cargo, presumably for May shipment, at $430/MT FOB South Brazil.
Insights, Skepticism, and predictions from industry insiders.