The pig iron import market in the United States was silent during the week to Friday April 30, although market indicators such as hot-rolled coil prices continued to increase.
Fastmarkets' price assessment for pig iron, import, cfr Gulf of Mexico, US, was $585-595 per tonne on Friday, up by $10 per tonne from $575-585 per tonne the previous week."It was predictable that the market would be silent this week, because scrap-buying week is coming and the trend in the scrap market [a relative substitute for...