The United States pig iron market continued to be plagued by uncertainty during the week ended Friday February 1 due to unclear price trends for scrap and hot-rolled coil.
Fastmarkets' import price assessment for pig iron in the US was $340-345 per tonne cfr on Friday, narrowing downward from $340-350 per tonne cfr a week before.The market level was estimated by sources at $340-345 per tonne cfr in the US. No active negotiations were heard in the market. "There were no active bookings in the US in January - that is why suppliers [from the Commonwealth of Independent States]...