Brazilian pig iron exports increase in August

Thursday, 07 September 2023 20:23:02 (GMT+3)   |   Sao Paulo
       

Brazilian exports of pig iron reached 427,100 mt in August, against 379,000 mt in July, according to customs data.

The main destinations in July were the US (367,400 mt at $445/mt), the Netherlands (55,400 mt at $477/mt), Asia (3,300 mt at $459/mt), Australia (600 mt at $516/mt), and South America (400 mt at $611/mt), all FOB conditions.

The shipments were from producers in the southeastern states of Minas Gerais and Espirito Santo (267,100 mt at $444/mt), Pará and Maranhão, in the north (112,500 mt at $474/mt) and Mato Grosso do Sul, in the central western region (47,500 mt at $422/mt).

During the first eight months of 2023, Brazil exported a total of 2.56 million mt of pig iron, against 2.43 million mt during the same period of 2022.


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