Brazil producers sell low-phosphorous pig iron to US

Sep 12, 2013 | 10:25 AM | Juan Weik

Tags  Brazil pig iron, merchant pig iron, pig iron producers, pig iron sale, low-phosphorous pig iron, Juan Weik

SÃO PAULO — Merchant pig iron producers in southeastern Brazil recently reached a deal to sell low-phosphorous material to a U.S.-based steelmaker for the first time in several months.

"The deal has been reached but there are still no details about the final volume," one source involved in the negotiations said.

At least 50,000 tonnes of Minas Gerais pig iron with a maximum 0.1-percent phosphorous content are expected to be shipped to the Port of New Orleans at the beginning of November for $405 per tonne c.f.r., several sources in Brazil and the United States told AMM sister publication Steel First Sept. 11.....

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