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.
By Staff - June 11, 2019
Pig iron prices are showing modest signs of fatigue but could be facing further drops due to a severe correction in the price of prime grades of ferrous scrap.
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.