US PIG IRON: Prices rise; suppliers bullish on Chinese demand

The market for pig iron in the United States improved during the week ended Friday May 29, with suppliers bullish amid continued demand and higher prices in China.

Fastmarkets’ price assessment for pig iron, import, cfr Gulf of Mexico, US was $310-312 per tonne on Friday, up from $305-310 per tonne a week before.

“Our next deals will be at a higher level [than the previous purchase at $304-305 per tonne cfr]...

Published

Marina Shulga

May 29, 2020

17:28 GMT

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