Black Sea pig iron prices retreat on downward pressure from buyers

The Black Sea market prices for CIS-origin pig iron have declined over the past week, sources told Steel First on Thursday May 19.

Steel First’s price assessment for CIS-origin high-manganese pig iron exports was $265-275 per tonne fob Black Sea on May 19, down from $305-320 per tonne fob a week ago.

Ukrainian merchant pig iron producer Donetskstal (DMZ) has sold 30,000 tonnes of its June production material to the USA at $275 per tonne...


May 19, 2016

17:52 GMT