US PIG IRON: Market up on higher workable level for buyers

May 22, 2021 / www.metalbulletin.com / Article Link

The United States' pig iron import market increased again during the week to Friday May 21 on improved workable price level for buyers, but high offers fromsuppliers in the Commonwealth of Independent States have not yet been accepted.

Fastmarkets' price assessment for pig iron, import, cfr Gulf of Mexico, US, was at $650-670 per tonne on Friday, up by 2.33% from $640-650 per tonne the previous week.

A cargo of Brazil-origin pig iron was heard sold to a US distributor at $655-660 per tonne cfr. But the deal was not widely confirmed at the time of publication and several sources estimated that the price was...

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