Prices for pig iron in the United States increased further during the week ended Friday May 8 due to new deals and a stronger scrap market.
Fastmarkets' price assessment for pig iron, import, cfr Gulf of Mexico, US was $304-305 per tonne on Friday, up from $295-300 per tonne one week earlier.Fresh bookings for pig iron from the Commonwealth of Independent States were completed at $304-305 per tonne. That was an increase from deals...