Melting point, as mentioned above....is a bit over 1200 degrees.
Your EGT's are simply that....a measurement of the exhaust gas temps. These are the temps that the pistons and valve train are exposed to. This doesn't mean that your components are necessarily at that temp...yet, it just means thats what they are currently exposed to. It takes a little while before that exposure raises the temps of those components to the same temp as the exhaust.
So you can spike your EGTS over 1200 for short periods of time...like when cresting a hill, passing etc... But if you hold those temps over 1200 for any length of time...like the duration of a mountain pass...thats when you start having problems. These problems may not present themselves right away...but over time, your rings start loosing tension, your ring lands become more deformed, your exhaust valves and seats take a **** kicking... etc... Then you start getting more blow by, more oil consumption, exhaust valve/guide/seat issues, cracking pre cups/heads/pistons etc.
So my rule of thumb is for long extended grades....keep the EGTS (if measured in the manifold), to no higher than 1100 but ideally more like 1000. But there are lots of times where I see 1200-1300 for short times like for short steep hills where the end is in sight, and im trying to keep up with traffic. It'll be at 1300 for maybe 10 seconds, then drop. The pistons themselves don't have a chance to reach 1300 themselves, in that short amount of time. And if you run high EGTs for extended pulls, you start running into coolant temp problems also as the cooling systems have a hard time keeping up in hot weather.
These engines are getting old now. We want them around for years to come yet. So be mindful of EGTs, boost, coolant temps etc. Don't push the limits. Work them hard, yet be considerate and be happy for a long time.