US PIG IRON: Market slides after briefly overtaking China prices

September 26, 2020 / www.metalbulletin.com / Article Link

Early during the week to Friday September 25, pig iron import deal prices in the United States overtook the market level in China, which had been driving the global market since March, but eased later in the assessment period.

Fastmarkets' price assessment for pig iron, import, cfr Gulf of Mexico, US softened to $380-387 per tonne on Friday from $385-387 per tonne one week earlier.
One spot booking of Russia-origin material was done at $385-387 per tonne cfr early this week.
Several bookings under long-term agreements were also reported at the same level.

"A US [buyer] paid $387 per...

Recent News

Bank of Japan boosts rates, continuing an unwinding carry trade

December 22, 2025 / www.canadianminingreport.com

Gold stocks outperform equity market slide

December 22, 2025 / www.canadianminingreport.com

Silver inventories rebound in UK, output from major producers rises

December 15, 2025 / www.canadianminingreport.com

Silver's three-month outperformance continues

December 15, 2025 / www.canadianminingreport.com

Silver & Copper Supply Distortions Continue

December 08, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok