“The busheling-grade scrap price in the United States didn’t decrease, while shredded scrap went down by $10-20 [per tonne] in May. That could cause a reduction in pig iron prices in the US,” a trader told Metal Bulletin. “The price [of pig iron] in [other] markets will depend on the results of negotiations in the US.”
Metal Bulletin’s export price assessment for high-manganese pig iron from the CIS region was $360-385 per tonne fob Black Sea on May 10, widening downward by...
