Brazilian pig iron export price down to $450 fob in deal to China

Apr 03, 2012 | 11:09 AM |

Merchant pig-iron makers from Brazil’s northern region of Carajás have recently closed an export deal to China for $450 per tonne fob, down by almost $30 per tonne from the previous transaction. A 70,000-tonne cargo will be shipped to the Asian nation in a Panamax vessel in May for around $490 per tonne cfr, local sources....

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