The export market for Brazilian pig iron waned at the beginning of May, with prices edging downward amid reduced product availability for shipment to foreign buyers and uncertainties about scrap prices in the United States.
Metal Bulletin's weekly price assessment for Minas Gerais-origin pig iron exports came to $390-395 per tonne fob on Friday May 4, against $395-400 per tonne fob a week earlier.The latest deal involving pig iron produced in Minas Gerais state was closed at $395 per tonne fob to a Latin American client...