Pig Iron Market Overview in the USA
In value terms, pig iron production dropped to $ in . Over the period under review, production saw a abrupt downturn. The growth pace was the most rapid in 2017 when the production volume increased by % against the previous year. Over the period under review, production hit record highs at $ in 2008; however, from 2009 to , production failed to regain the momentum.
The value of the pig iron market in the U.S. dropped to $ in , reducing by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption showed a abrupt slump. The pace of growth appeared the most rapid in 2011 with an increase of % year-to-year. Over the period under review, the market hit record highs at $ in 2008; however, from 2009 to , consumption stood at a somewhat lower figure.