US PIG IRON: Previous restocking keeps US buyers out of market

November 17, 2018 / www.metalbulletin.com / Article Link

Buyers avoided making new deals in the United States pig iron market during the week ended Friday November 16 because they had restocked earlier in the month, Fastmarkets was told.

Fastmarkets' price assessment for US imports of pig iron remained unchanged at $370-385 per tonne cfr on November 16.Numerous deals for pig iron for December deliveries to the US were done with the Commonwealth of Independent states late in October and in the first 10 days of November. The price for all these cargoes was $385 per tonne...

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