US PIG IRON: Market calm; key buyers wait and see

October 02, 2021 / www.metalbulletin.com / Article Link

The import pig-iron market in the United States was calm in the week to Friday October 1 because steel makers - the key buyers - preferred to wait and see in an unclear scrap market, which is a strong indicator for them.

Fastmarkets' assessment of the price of pig iron, import, cfr Gulf of Mexico, US was $530-540 per tonne on Friday, unchanged week on week.

Steelmakers, who are the key pig...

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