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Metal Bulletin has renamed its two pig iron prices as follows:
From: Latin America exports, pig iron, $ per tonne, fob Ponta da Madeira, Brazil To: Brazil exports, pig iron, $ per tonne, fob Ponta da Madeira
From: Latin America exports, pig iron, $ per tonne, fob Vitorio/Rio, Brazil To: Brazil exports, pig iron, $ per tonne, fob Vitória/Rio
The specifications for the prices will not change and remain as follows:
Brazil exports, pig iron, $ per tonne, fob Ponta da Madeira Quantity: 20,000-70,000 tonnes Location: fob Brazil Timing: 6-12 weeks Unit: US dollars per tonne Payment terms: Upon delivery, in instalments Publication: Weekly; Friday, 2-3pm London time
Brazil exports, pig iron, $ per tonne, fob Vitória/Rio Quantity: 20,000-70,000 tonnes Location: fob Brazil Timing: 6-12 weeks Unit: US dollars per tonne Payment terms: Upon delivery, in instalments Publication: Weekly; Friday, 2-3pm London time
The amendments follow a one-month consultation period.
To provide feedback on the amendments outlined above, or if you would like to provide price information by becoming a data submitter to the Brazilian pig iron price assessments, please contact Ana Paula Camargo by email at: pricing@metalbulletin.com. Please add the subject heading FAO: Ana Paula Camargo, re: Brazilian pig iron prices.
To see all Metal Bulletin’s pricing methodology and specification documents go to: https://www.metalbulletin.com/prices/pricing-methodology.html