US pig iron market up on strong scrap prices

Import pig iron market in the US increased during the week to Friday March 17 due to a sharp rise in scrap prices, though no bookings at higher prices were heard done.

Fastmarkets’ assessment of pig iron import, cfr Gulf of Mexico, US was $570-580 per tonne on Friday, up by $10 per tonne week on week from $560-570 per tonne.

“Prime...

Published

Marina Shulga

March 17, 2023

19:57 GMT

Dnipro, Ukraine