Low availability prevented a sharp decline in US pig iron prices last week.
Fastmarkets' import price assessment for pig iron in the US was unchanged week on week at $360-365 per tonne cfr on Friday April 26.One cargo of 60,000 tonnes of pig iron was booked from Russia at $365 per tonne cfr New Orleans earlier in the week. Deals for CIS-origin pig iron reduced slightly as a result, from $365-370 per tonne cfr in March, while...