24
Mar
16:24
Pig iron market plateaus, activity recedes
The merchant pig iron market continues to wane in the wake of the considerable activity of the last two months, with a slight divergence of direction noted in the main markets, Kallanish observes.
The US import market was relatively quiet, with the exception of a couple of negotiations, which have not yielded sales. Brazilian pig iron is still offered at $550-560/tonne fob for June loading, depending on the region, and bids at $550/t fob for higher-priced ma…
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Anonymous
Very good overview of the weekly steel market.
Anonymous