US PIG IRON: Market up on high-price purchase from Russia

The pig iron market in the United States has gone up further than was expected in the past seven days, driven by a booking from Russia, sources told Fastmarkets during the week ended Friday March 6.

Fastmarkets’ price assessment for pig iron, import, cfr Gulf of Mexico, US, was $360-363 per tonne on Friday, up from $347-350 per tonne the week before.

A booking of Russia-origin pig iron was done in the middle of the week at around $363 per tonne cfr for shipment in the first half of April. That was $17 per...


Marina Shulga

March 06, 2020

17:22 GMT