The Brazilian exports of pig iron have reached 214,600 mt in April, against 334,800 mt in March, according to customs.
The destinations in March were the US (173,200 mt at $440/mt), Europe (36,000 mt at $487/mt), Asia (4,800 mt at $520/mt) and South America (200 mt at $815/mt), while small volumes were shipped to Mexico and Australia, all FOB conditions.
The shipments were from independent producers in the state of Minas Gerais (123,800 mt at $457/mt), in the state of Pará (61,200 mt at $445/mt) and from the state of Mato Grosso do Sul, (29,600 mt at $432/mt).
The decline in April reflects chiefly the reduction by 48 percent of the exports destined to the US.
