Nodular pig iron imports spark price war
Nov 30, 2012 | 04:21 PM
| Sean Davidson
NEW YORK An increase in imports from South Africa of a raw material similar to nodular pig iron has triggered a fierce price war, with some U.S. distributors now considering removing pig iron from their sales programs.
The South African material is a by-product of titanium dioxide production using a process pioneered decades ago by Sorel, Quebec-based Quebec International Titanium (QIT), a wholly owned subsidiary of Rio Tinto Plc.
Chicago-based Miller & Co. LLC has been the exclusive U.S. distributor of QITs pig iron product, popularly called Sorelmetal, for many years but is now facing competition from a South African product known as "ticor."
Stamford, Conn.-based Tronox Ltd., which owns the South African mines that produce ticor, told AMM that it doesnt own that name and refers to its product as pig iron.....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.