Metal Bulletin’s weekly price assessment for Minas Gerais-origin pig iron rose to $340-345 per tonne fob on Friday December 8, from last week’s $335-340 per tonne fob.
A 30,000-tonne cargo of pig iron produced in Brazil’s south-eastern Minas Gerais state was sold at $340 per tonne fob, according to several market participants.
The shipment is...