US PIG IRON: Market slow and soft on unclear price trend

August 24, 2019 / www.metalbulletin.com / Article Link

The import pig iron market in the United States was slow and soft in the week to Friday August 23, with most participants preferring to remain in wait-and-see mode amid price trend uncertainty, sources told Fastmarkets.

Fastmarkets' price assessment for pig iron import, cfr Gulf of Mexico, US, slipped to $360-365 per tonne on August 23, down by $3-5 per tonne from $365-368 per tonne the week before.Only one sale was heard for Russia-origin pig iron with September production at $365 per tonne cfr. All other sources...

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