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24 Nov
11:10

Brazil's October pig iron production drops, exports surge

Brazilian pig iron output decreased month-on-month in October and remained weaker year-on-year. Export volumes, however, grew sharply during the month, Kallanish notes. According to data issued by local steelmakers’ association Instituto Aço Brasil (IAB), September pig iron output reached 2.1 million tonnes, down 2.3% m-o-m and 8.1% weaker on-year. Ten-month production totalled 21.3mt, which was a decrease of 5% or 1.1mt versus January-October last y…
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