Since our previous 2012 article “Brazilian Iron Ore and the Environment“, there have been a number of several significant changes in the Brazilian pig-iron industry and its U.S. customers. At that time, companies were recalcitrant in meeting their responsibilities to uphold environmental and labor laws in the supply chain.
Since then Nucor’s primary Brazilian supplier of pig iron, Sidepar, was suspended from Brazil’s National Pact for the Eradication of Slave Labor on 22 January 2013. Nevertheless, Nucor continues to be the major buyer of pig iron from Sidepar.
Waupaca Foundry, the largest independent foundry company in North America, reportedly has virtually stopped buying pig iron from Brazil; now it’s buying pig almost exclusively from Russia, pig-iron brokers report.
Brazilian pig producer Cosipar, which had been expelled from the National Pact for the Eradication of Slave Labor and which was not a member of Brazil’s Instituto Carvão Cidadão (Citizens Charcoal Institute), has gone out of business after not paying its bills and being the target of a number of lawsuits for that.