Pig iron import prices in the United States increased during the week to Friday May 7, following the uptrend in the global market.
Fastmarkets' price assessment for pig iron, import, cfr Gulf of Mexico, US, was $620-635 per tonne on Friday, up from $585-595 per tonne the previous week.
A cargo of Brazil-origin pig iron with 0.12% phosphorus content was bought at about $620-625 per tonne cfr for August shipment.
One supplier from Brazil estimated the market for pig iron with 0.10% phosphorus at...