Black Sea weakness impacts US pig iron import price indications

摘要

Pig iron import prices into the UScame under pressure this week as the marketreacted to the lower-priced Italian pig ironimport market and depressed Turkish scrapimport prices.After sales at $400/mt CIF New Orleansearlier this month, indications are nowcentered on $390/mt CIF as a viable level.Sources indicated that a CIS producer soldto a US mill at $390/mt CIF New Orleans thisweek, but no confirmation was reported bylate Friday.