US PIG IRON: Market slow, buyers expect lower prices

July 20, 2021 / www.metalbulletin.com / Article Link

The pig iron import market in the United States was slow during the week to Friday July 16 because buyers held sufficient stocks and were waiting for prices to be reduced.

Fastmarkets' price assessment for pig iron, import, cfr Gulf of Mexico, US, was $625-645 per tonne on Friday, down from $650-655 per tonne a week before.

"Both Russia and Ukraine have unsold cargoes for August shipment and later. Meanwhile, we have sufficient stocks and are not in...

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