US PIG IRON: Trade resumes but scrap weakness lowers prices

Pig iron buyers in the United States have resumed purchasing material but at lower prices amid the weak scrap market, sources told Fastmarkets on Friday February 14.

Fastmarkets’ price assessment for pig iron, import, cfr Gulf of Mexico, US, was $334-336 per tonne on Friday, down from $340-345 per tonne cfr a week before.

One booking for around 50,000 tonnes of CIS-origin pig iron...

Published

Marina Shulga

February 14, 2020

20:15 GMT

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