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...