US PIG IRON: Market rises on higher offers, low availability

The pig iron import market in the United States has gone up because suppliers have increased their offers, citing low availability of material for February and March shipments, sources told Fastmarkets on Friday January 17.

Fastmarkets’ price assessment for pig iron, import, cfr Gulf of Mexico, US, was $350 per tonne on Friday, up from $340-345 per tonne a week earlier.
Suppliers from the Commonwealth of Independent States have increased their offers to $355-360 per tonne cfr, compared with the latest bookings of CIS-origin material at around $340 per tonne cfr in late December.

“Our...

Published

Marina Shulga

January 20, 2020

18:15 GMT

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