US PIG IRON: No spot activity seen amid reduced demand

No activity was again reported in the United States’ spot import pig iron market during the week ended Friday July 24, with pig iron prices still considered high compared with those for scrap and demand weak amid low utilization rates.

Fastmarkets’ weekly price assessment for pig iron, import, cfr Gulf of Mexico, US was $327-330 per tonne on Friday, widening downward from $330 per tonne a week before.


Marina Shulga

July 24, 2020

17:35 GMT