The pig iron market in the United States was silent during the week ended Friday July 17, with prices considered high compared with those for ferrous scrap and hot-rolled coil.
Fastmarkets' weekly price assessment for pig iron, import, cfr Gulf of Mexico, US was unchanged at $330 per tonne on Friday, in line with the latest deal done in the market during the week to July 10."With capacity utilization as low as it is, I do not see...