By Sean Barry - October 10, 2018
The U.S. pig iron market was stuck in a holding pattern in early October trading, with buyers remaining on the sidelines amid healthy inventory levels, and producers appearing unwilling to lower offers further due to a growing belief that prices have bottomed.
By Sean Barry - September 12, 2018
U.S. pig iron prices for basic and foundry grade material succumbed to downside pressure in September as another drop in scrap prices weighed heavy on the market, with larger bookings confirmed for material from both Brazil and the Commonwealth of Independent States (CIS) at lower levels.
By Sean Barry - August 15, 2018
U.S. pig iron prices for basic and foundry grade material consolidated recent gains in August trading as attempts by consumers to trim prices met stiff resistance from producers amid diminished near-by stock levels.
By Sean Barry - July 11, 2018
U.S. pig iron prices for basic and foundry grade material continued to post gains in July amid firm demand from mills and foundries for third quarter delivery and limited supplies, while prime grades of scrap in the U.S. continued to rise this month.
By Sean Barry - June 13, 2018
U.S. pig iron prices for Russian basic and Brazilian foundry material posted marginal gains in June as demand from mills and foundries picked back up ahead of the third quarter, while supplies remain thin on the ground.