Black Sea pig iron exporters push for higher prices

Sentiment in the Black Sea export pig iron market turned bullish this week amid expectations of a recovery in buying activity, Metal Bulletin learnt on Thursday August 25.

Ukrainian merchant pig iron producer Donetskstal (DMZ) announced a tender this week, offering September-production material at $255 per tonne fob Black Sea, sources said.
Most market insiders contacted by Metal Bulletin, however, considered this to be overpriced, saying that the workable price was $240 per tonne fob Black Sea or lower.

Metal Bulletin’s...


Vlada Novokreshchenova

August 25, 2016

16:14 GMT