US import pig iron prices down on weaker sentiment

The import pig iron market in the US fell during the week to Friday May 26 on expectations of lower steel scrap prices and a weakening flat steel market.

Fastmarkets’ price assessment for pig iron, import, cfr Gulf of Mexico, US, was $515-520 per tonne on Friday, down from $525-540 per tonne a week before.

Bookings of Ukraine-origin pig...

Published

Marina Shulga

May 26, 2023

16:30 GMT

Dnipro