By Sean Barry - May 14, 2019
Pig iron prices in the United States quickly deteriorated in early May trading in the wake of crumbing domestic scrap prices and pressure from a wave of Brazilian high-phosphorous material hitting the market.
By Sean Barry - April 8, 2019
The price of pig iron in the United States has remained firm over the past month on robust demand and snug stock levels in Brazil and the Commonwealth of Independent States (CIS), while deliveries out of the port in New Orleans continue to face delays.
By Sean Barry - March 11, 2019
The price of pig iron in the United States continues to edge higher on a deepening supply shortage in Brazil and the Commonwealth of Independent States (CIS), while deliveries of material on the river network in America’s mid-section face increasing delays as vessels struggle to dock due to high water on the Mississippi River and its tributaries.
By Sean Barry - February 13, 2019
After coming under heavy downside pressure last month on sluggish demand and a weaker ferrous scrap market, prices for pig iron in the United States appear to be rebounding in February as producers face lower inventories and higher iron ore costs following the collapse of a tailings dam in Brazil.
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.