US PIG IRON: Market down under scrap pressure

The import market for pig iron in the United States has gone down during the week ending Friday September 6, mainly under pressure from falling scrap prices, sources have told Fastmarkets.

Fastmarkets’ price assessment for pig iron import, cfr Gulf of Mexico, US, was $340-350 per tonne on September 6, down from $350-360 per tonne the week before.

“Customers will need to replenish stocks, but for now they are not in buying mode due...

Published

Marina Shulga

September 06, 2019

17:11 GMT

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