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US and Brazilian BPI prices inch up on latest deal

Brazilian prices for basic pig iron (BPI) rose this week by $7.5/mt to $450/mt FOB S. Brazil from $440-445/mt FOB S. Brazil, based on a new deal

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Product Weekly Change (%)
Iron Ore - 62% Fe, CFR China, $/mt -3.47
Scrap - HMS I/II 80:20, CFR Turkey, $/mt -0.88
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Wire Rod - FOB China, $/mt 0
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Product Weekly Change (%)
Billets FOB China 0
Iron ore (62%) CFR China -3.4
Rebar FOB Turkey -0.8
Scrap HMS I/II 80:20 CFR Turkey 0.38
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  Weekly Change (%)
Turkish Rebar Index 0.03
Turkish Scrap Index 1.22
US (East Coast) HMS I/II scrap export index 0.57
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