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Forecasts and market analysis based on price assessments from Fastmarkets MB and Fastmarkets AMM

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July 2019 | Steel Scrap and Metallics Forecaster


Brazilian pig iron exports revive further in June: South America Market Analysis


The month-on-month rise in export volumes was attributed mostly to Asia-bound sales.

As our first chart alongside illustrates, export volumes of merchant pig iron (MPI) from Brazil increased further last month, by 30% to 252,689 tonnes. This includes basic pig iron, along with foundry and nodular grades. Exports in May and June both recovered month on month and more than doubled year on year due to a low base because of production and shipments disruptions caused by the truck drivers’ strike in those months last year. In the June 12 edition of...

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