US PIG IRON: Prices still weak despite strong scrap

Pig iron booking prices in the United States have not gone up during the week ended Friday November 9 despite the renewed strength of the scrap market.

Fastmarkets’ price assessment for US imports of pig iron decreased to $370-385 per tonne cfr on Friday November 9, from $375-390 per tonne a week before. Several bookings of Ukraine- and Russia-origin pig iron were heard at $385 per tonne cfr for December shipment. That price was equivalent to around $365...


Marina Shulga

November 09, 2018

15:25 GMT