By Staff - November 11, 2019
The US alternative iron market remains muted with no trading activity since one early deal at the start of November but cues from sellers, an improved US ferrous scrap landscape and competition for material with China suggest the market is ripe for an increase.
By Staff - October 9, 2019
US pig iron prices were static in early October trading amid slack demand and deteriorating ferrous scrap prices.
By Staff - September 10, 2019
The US alternative iron market remained quiet in early September trading, with expectations that the next move will be lower due to a combination of a major downward correction in ferrous scrap prices as well as a healthy amount of mill outages scheduled over the next 60 days.
By Staff - August 13, 2019
Aside from a recent sale of Commonwealth of Independent States-sourced material, the US pig iron market remained fairly lackluster in early August trading, with the next sale expected to be sideways or possibly higher amid signs of improved market conditions.
By Staff - July 16, 2019
Tightness in material, higher iron ore prices and a pending recovery in the US ferrous scrap arena is expected to benefit pig iron prices in the near-term.