Following the most recent ex-Brazil basic pig iron (BPI) booking done to the US last week at $520/mt FOB southern ports, information about another ex-Brazil pig iron transaction at a price $20/mt higher has been leaked to the market.
Accordingly, SteelOrbis has learned of a sale of 50,000 mt of ex-Brazil BPI with 0.15 phosphorus content at $540/mt FOB, done at the end of last week, for June shipment. The destination of the deal have not been disclosed by the time of publication.