On October 9, SteelOrbis reported ex-Brazil basic steelmaking pig iron offers to the US at $365-375/mt FOB from the Northern region.
Sources inform SteelOrbis that ex-Brazil basic pig iron offers for the week ended October 20 are reportedly at $345-350/mt FOB Northern Brazil. The price range from Northern Brazil declined $20/mt from the bottom of the previously reported range and $25/mt from the top of the same range. Offer prices from Southern Brazil are reportedly at $340/mt FOB Southern Brazil.
The FOB price ranges from both regions translate to approximately $360-365/mt CFR US port, according to sources.