Metal Bulletin’s weekly price assessment for Minas Gerais-origin pig iron increased to $350-360 per tonne fob on Friday December 22, from $340-345 per tonne fob a week earlier.
A cargo of pig iron produced in Brazil’s south-eastern Minas Gerais state was sold at $350 per tonne fob to the Peruvian market, according to sources.
A second 30,000-tonne cargo of Minas Gerais-origin pig iron was acquired by a client...
