Export pig iron sales from the south of Brazil resumed at lower prices on a weak scrap market and long lead times, sources told Fastmarkets on Friday June 21.
Fastmarkets' weekly price assessment for pig iron exported from the southeastern Minas Gerais region of Brazil was $315 per tonne fob on June 21, narrowing downward by $5 per tonne week on week.One sale of high-phosphorous pig iron for August shipment was heard...