US import, Brazil export pig iron markets quiet

The United States import and Brazilian export pig iron markets remained quiet during the week ended Friday May 20, with buyers preferring to wait for lower prices.

"There is an expectation of scrap [the strong indicator for pig iron market] to go down again by $30 per tonne in several weeks, that is why buyers prefer to...


Marina Shulga

May 20, 2022

17:11 GMT