There was no activity in the spot pig iron import market in the United States during the week to Friday July 23, because buyers have refrained from booking in wait of lower prices.
Fastmarkets' price assessment for pig iron, import, cfr Gulf of Mexico, US was $625-640 per tonne on Friday, narrowing downward by $5 from $625-645 per tonne a week prior.The most recent bookings in the spot market were done in the first half of July at $625 per tonne cfr for Russia-origin material....