CIS pig iron prices unchanged despite higher offers

Export prices for pig iron from Ukraine and Russia held steady while producers continued to push up offers, market participants told Metal Bulletin sister title Steel First on Thursday August 15.

Steel First’s assessment for Russia-origin basic low-manganese pig iron stood unchanged week-on-week at $430-435 per tonne fob Baltic Sea. The same material was heard sold at $435 per tonne fob Baltic Sea, while offers rose to $445 per tonne fob for October and November production. “The high prices seem very strange with such a long lead time,” one trader told Steel First. “I don’t know what my...

Published

Nina Nasman

August 16, 2013

11:05 GMT

London

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