CIS pig iron prices hold within range as producers look for rises

CIS-origin pig iron prices held uneasily within established ranges this week, with producers looking to push prices higher and larger consumers refusing to buy until prices drop.

Metal Bulletin sister title Steel First assessed the price for basic Ukraine-origin material at $380-395 per tonne fob Black Sea on Thursday July 25, level with prices seen last week. Ukrainian basic pig iron was heard offered at prices of $410-420 per tonne cif Italy, with one offer for a 5,000-tonne cargo of basic material confirmed at $412 per tonne. “We still hold bids from Italy between $415 and...

Published

Michelle Madsen

July 25, 2013

19:12 GMT

London