Fastmarkets’ import price assessment for pig iron in the US
was $345 per tonne cfr on June 14, compared with $345-350 per tonne cfr last week.
A workable buyer level “would be around $340-345 per tonne cfr, but no one is really intended to buy right now”, according to a source.
Meanwhile, at least three major suppliers from the Commonwealth of Independent States were heard to be out of the market. One pig iron exporter said that he would...