Brazilian pig iron prices rise $12 after 3-week market lull
Nov 12, 2010 | 12:15 PM
| Juan Weik
Brazilian pig iron export prices are on the rise with the booking of a deal to the United States following three weeks of no reported activity.
Merchant pig iron producers from Brazil's northern region of Carajás have closed an export deal with a trading company at around $436 per tonne f.o.b., about $12 higher than the previous sale.
The 35,000-tonne cargo is expected to be shipped to the United States in January and be delivered to the port of New Orleans at $450 per tonne, up from a shipment at $438 per tonne delivered at the end of December, trading and producer sources said.....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute — no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Subscribe Now
Click Here
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.
Take a Free trial
Click Here