United States buyers resumed pig iron purchases in the week to Friday June 21 at higher prices on reduced pig iron availability, sources told Fastmarkets.
Fastmarkets' import price assessment for pig iron in the US was $345-354 per tonne cfr on Friday, compared with $345 per tonne cfr in the week prior. Several purchases of 100,000 tonnes in total of Russia-origin pig iron for July-August shipment were heard during...