US PIG IRON: Bookings resume at higher prices

Buyers in the United States resumed pig iron purchases at higher prices in the week to Friday November 15, due to the improving scrap and hot-rolled coil markets.

Fastmarkets’ price assessment for pig iron, import, cfr Gulf of Mexico, US, was $323-327 per tonne, up from $320-325 per tonne a week earlier.

Several bookings of Russia-origin pig iron were heard at $323-327 per tonne cfr for December shipment, up compared with bookings in mid...


Marina Shulga

November 15, 2019

18:43 GMT