US import, Brazil export pig iron markets slow on further price direction uncertainty

Pig iron imports in the United States and exports from Brazil were sluggish in the week to Friday September 1 due to uncertainty on near-term price directions for flat steel, sources told Fastmarkets.

Fastmarkets' price assessment for pig iron import, cfr Gulf of Mexico, US was $440-445 per tonne on Friday, widening downward from $445 per tonne the week prior.

“The flat steel...


Marina Shulga

September 04, 2023

09:58 GMT