SteelOrbis has learned that
pig iron export offers from
Brazil still stand in the price range of $500-510/mt FOB for late February and March shipments, indicating no change as compared to last week.
Due to weak demand from the
US, Brazilian
pig iron suppliers are now focused on the Chinese market. After the end of the Chinese lunar New Year holiday, Brazilian
pig iron export offers for
China are expected to be readjusted next week.