Pig iron buyers in the United States, the largest global market for the steelmaking raw material, resumed their purchasing activity after the scrap price for May had become clear in their domestic market, Metal Bulletin has heard.
Metal Bulletin's weekly price assessment for US pig iron imports was $405-410 per tonne cfr on Friday May 18, narrowing upward by $5 per tonne from $400-410 per tonne cfr week on week, on the improved trading activity.Earlier this week, one deal was heard for...