US PIG IRON: Widening gap between buyers, suppliers stifles trading

Activity in the pig iron market in the United States remained muted in the week to Friday June 26, because of wide gap between the “workable” levels of buyers and suppliers.

Fastmarkets’ weekly price assessment for pig iron, import, cfr Gulf of Mexico, US, was unchanged at $325-330 per tonne on Friday.

Most buyers continued to stick with $320-325 per tonne cfr as a workable price for pig iron in the US, although several...

Published

Marina Shulga

June 26, 2020

18:53 GMT

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