Chinese buyers continued to buy pig iron imports at increasingly high prices over the past fortnight, market sources told Fastmarkets on Thursday September 23.
Demand for pig iron in China has been bolstered ahead of the autumn and winter seasons, in which many Chinese mills must reduce sintering in line with pollution controls guidance from the country's Ministry of Ecology and Environment.Fastmarkets' fortnightly assessment of the price for pig iron, import, cfr China was at $540-560 per tonne on...