Fastmarkets assessed the price of
pig iron, export, fob port of Vitoria/Rio, Brazil, at $355 per tonne on Friday,
unchanged from a week earlier.
Offers were announced at prices as high as $400 per tonne fob, although no negotiations were heard at this level, sources said.
“The rainy season started in mid-October but pig iron producers already have concerns about charcoal prices,” one trader said. “That...