US PIG IRON: Import price jumps in 'supplier market'

The import price on pig iron price in the United States increased sharply during the week to Friday November 27 because buyers badly needed to restock.

Fastmarkets’ price assessment for pig iron, import, cfr Gulf of Mexico, US was $450 per tonne on Friday, soaring from $392-395 per tonne a week earlier.

At the very start of this week, a Russia-origin cargo was booked by a steel producer at $430...

Published

Marina Shulga

November 27, 2020

17:38 GMT

Dnipro