By Sean Barry - January 16, 2019
Ferrous scrap prices faced heavy downside pressure in January amid a deluge of material generated by slack export trade over the past couple of months and clement weather in many parts of the country that helped keep scrap moving.
By Sean Barry - December 12, 2018
Prices for pig iron in the U.S. faced downside pressure in early December trading as consumers remained glued to the sidelines of the market, while suppliers have trimmed prices in recent weeks in a bid to generate potential sales.
By Sean Barry - November 12, 2018
Prices for pig iron in the U.S. edged higher in early November trading on a slight pick up in buying activity and constrained supplies.
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.