The pig iron import market in the United States was slow during the week to Thursday April 1 due to the large gap between the workable price estimates for buyers and from suppliers in the Commonwealth of Independent States.
Consequently, Fastmarkets' price assessment for pig iron, import, cfr Gulf of Mexico, US, was $555-565 per tonne on Thursday, unchanged week on week."The US is the only market which can buy large tonnages now, and considering the workable level in China [the other potential buyer of large pig iron tonnages] the fair price here would be $535-545 per tonne cfr," one buyer...