SÃO PAULO Brazils pig iron exports reached 282,517 tonnes in March, up 12.9 percent from 250,218 tonnes in the same month last year, according to figures from the countrys foreign trade ministry.
China was mainly responsible for the rise, purchasing 73,500 tonnes during the month vs. no volumes in March 2012. This compensated for a 23.7-percent drop in shipments to the United States, Brazils largest market for pig iron, to 149,110 tonnes from 195,504 tonnes in the same comparison.
For the first three months of the year, Brazils pig iron exports rose 2.5 percent year on year to 825,408 tonnes.
A version of this article was first published by AMM sister publication Steel First.