US PIG IRON: Market inactive on low steel production rates

April 25, 2020 / www.metalbulletin.com / Article Link

The pig iron market in the United States remained inactive during the week to Friday April 24 due to low steel production rates and the resulting reduced need for pig iron.

Fastmarkets' price assessment for pig iron, import, cfr Gulf of Mexico, US was $290-295 per tonne on Friday, up by $5 per tonne from $285-290 per tonne a week before.

"Our steel mills are operating at record-low rates; that means that we have enough...

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