Press releases

Brazilian pig iron prices stable on low Asian demand - 15 February 2012

Pig iron prices in the northern Brazilian state of Pará are stable at US$480-485/tonne, but producers expect higher prices and greater demand in coming months, Steel Business Briefing learns from iron making group Sindiferpa.

Meanwhile, charcoal producers' group Sindicarv says pig iron prices in mid-west Mato Grosso do Sul state and south-east Minas Gerais state are below the northern average at US$443/t, with the group expecting prices to increase in the short term.

"The price of pig iron is a little bit weak this month, but the forecast is for an increase in price and production soon," Sindicarv says.

 

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