The Brazilian exports of pig iron have reached 210,300 mt in June, against 325,100 mt in May, according to customs.
The destinations in June were the US (181,600 mt at $431/mt), the Netherlands (27,000 mt at $480/mt), Asia (1,300 mt at $516/mt), Argentina (300 mt at $836/mt) and Australia (100 mt at $532/mt), all FOB conditions.
The shipments were from independent producers in the southeastern states of Minas Gerais and Espírito Santo (152,300 mt at $439/mt), from the northern state of Para (51,000 mt at $437/mt) and from the central-western state of Mato Grosso do Sul, (7,000 mt at $431/mt).
Such prices were probably negotiated in April, with indications of the BPI grade price in the $430-480/mt range, and the foundry grade product above $500/mt, FOB conditions.