14
Jul
17:05
Pig iron market stalls on lower US scrap
Merchant pig iron prices fell throughout the week as CIS sellers maintained higher offers, Kallanish observes.
The US pig iron market's downward price direction has been underpinned by the July domestic ferrous scrap settlement, which saw falls of up to $150/tonne for some grades, exceeding even the most negative expectations. Amid softening flat product prices and arrivals of previously acquired pig iron tonnages, US pig iron buyers remained out of the m…
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Anonymous
Very good overview of the weekly steel market.
Anonymous