US PIG IRON: Spot market still dead on low utilization rates

August 08, 2020 / www.metalbulletin.com / Article Link

No negotiations were again reported in the United States' spot pig iron market during the week ended Friday August 7, because steel mills' utilization rates remained low, Fastmarkets understands.

But one deal was heard under long-term agreement at $340 per tonne cfr from Brazil.
That would be "more or less in line with the spot market level," one buyer said.

Meanwhile, other sources estimated that the workable level in the...

Recent News

Immediate trigger for crash was new Fed Chairman pick

February 02, 2026 / www.canadianminingreport.com

Gold stocks slump on metal price decline

February 02, 2026 / www.canadianminingreport.com

Is the gold market starting to turn 'irrationally exuberant'?

January 26, 2026 / www.canadianminingreport.com

Gold stocks explode up as equity markets languish

January 26, 2026 / www.canadianminingreport.com

Gold stocks outpace flat large caps

January 19, 2026 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok