Pig iron moves up on Section 232, US March scrap talks

摘要

Pig iron producers, tradersand consumers were hesitant to place firmbids or offers on material this week as theyspent Friday examining possible Section 232ramifications and awaiting the conclusion ofthe US March scrap buy week that will drag intonext week.One trader did receive an offer at $400/mt CIF New Orleans, up from offers of $390/mt last week and up from sales of $380/mtearly last week. Another trader said offerswere only being “discussed” at $400/mt CIFNew Orleans with nothing firm in place byweek’s end.