Brazilian pig iron exports decreased in April

Friday, 10 May 2024 08:33:59 (GMT+3)   |   Sao Paulo
       

The Brazilian exports of pig iron have reached 214,600 mt in April, against 334,800 mt in March, according to customs.

The destinations in March were the US (173,200 mt at $440/mt), Europe (36,000 mt at $487/mt), Asia (4,800 mt at $520/mt) and South America (200 mt at $815/mt), while small volumes were shipped to Mexico and Australia, all FOB conditions.

The shipments were from independent producers in the state of Minas Gerais (123,800 mt at $457/mt), in the state of Pará (61,200 mt at $445/mt) and from the state of Mato Grosso do Sul, (29,600 mt at $432/mt).

The decline in April reflects chiefly the reduction by 48 percent of the exports destined to the US.


Similar articles

Ex-Brazil BPI prices stable as exporters wait for next US purchases, ex-Russia BPI softens

17 May | Scrap & Raw Materials

China’s crude steel output falls at faster pace in Jan-Apr, providing some support for prices

17 May | Steel News

Turkey’s pig iron imports increase by 50.7 percent in January-March

15 May | Steel News

Ukraine’s ArcelorMittal Kryvyi Rih manages to increase output in April with modernization works

14 May | Steel News

Ex-Russia BPI prices up in latest deals to two destinations, supply pressure eases gradually

13 May | Scrap & Raw Materials

Brazilian BPI exporters face resistance to higher prices amid no improvement in US market

13 May | Scrap & Raw Materials

Ukraine’s Zaporizhstal sees higher pig iron and crude steel outputs in Jan-Apr

13 May | Steel News

Ukraine’s pig iron output up 25.1 percent in Jan-Apr

10 May | Steel News

Ex-Russia BPI corrects up in line with general market mood, buyers still resist

03 May | Scrap & Raw Materials

Turkey’s Kardemir posts higher net profit for 2023, sales revenues drop

03 May | Steel News