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Russian pig iron producers raise prices after fighting limits Ukraine supplies
August 21, 2014 - 17:35 GMT
pig iron prices
Russia’s pig iron producers have pushed up their offer prices for basic low-manganese material by $10-15 per tonne in response to tightness in supplies from Ukraine.
Fierce fighting between pro-Russian rebels and Ukrainian
military forces in the eastern Ukraine city of Donetsk saw the
country's largest merchant pig iron producer, Donetskstahl
(DMZ), halt production earlier this week. Artillery shells hit
the mill's gas supplies, according to sources speaking to Metal
Bulletin sister title Steel First on Wednesday August 20. In
July, the mill had delayed deliveries of pig iron owing to
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Euromoney Institutional Investor PLC.
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