US PIG IRON: Market calms to await scrap price trend in March

The import pig iron market in the United States calmed down during the week ended Friday February 22, after several bookings were completed, sources told Fastmarkets on the day.

Fastmarkets’ import price assessment for pig iron in the US was $355-360 per tonne cfr on February 22, stable week on week. “The workable price for buyers is still below the target price for suppliers, but everything will depend on where the scrap price goes in March,” one exporter from...

Published

Marina Shulga

February 22, 2019

20:55 GMT

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