US PIG IRON: Buyers start restocking at lower prices

Pig iron buyers in the United States have resumed their purchases of material but at lower prices, sources told Fastmarkets on Friday January 18.

Fastmarkets’ import price assessment for pig iron in the US fell to $345-350 per tonne cfr on Friday, from $350-360 per tonne cfr a week earlier.
Ukraine-origin pig iron was bought at $345-350 per tonne cfr. That was a drop from $365 per tonne cfr, the price in the most recent deal in December.

One pig iron cargo...


Marina Shulga

January 18, 2019

18:37 GMT