US PIG IRON: Prices slip due to bearish iron ore, scrap sentiment

August 21, 2021 / www.metalbulletin.com / Article Link

Import pig iron prices in the United States fell during the week ended Friday August 20 due to bearish buyers and negative sentiment in the iron ore and ferrous scrap markets.

Fastmarkets' price assessment for pig iron, import, cfr Gulf of Mexico, US was at $560-580 per tonne on Friday, down from $585-595 per tonne cfr a week before.

"The CIS still has unsold cargoes with August shipment,...

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