US PIG IRON: Market up on higher deals, positive expectations in scrap

The pig iron market in the United States during the week ended Friday February 28 went up on new bookings and amid expectations of higher scrap prices in March, sources have told Fastmarkets.

Fastmarkets’ price assessment for pig iron, import, cfr Gulf of Mexico, US, was $347-350 per tonne on Friday, up from $335-340 per tonne the week before.

Late last week, two cargoes with a...

Published

Marina Shulga

February 28, 2020

18:40 GMT

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