Suppliers have almost their closed order books for July and can wait to get a clearer view of the US domestic scrap market. Traditionally, the scrap price there is set over the first ten days of the month.
Metal Bulletin’s export price assessment for high-manganese pig iron from the CIS region
was stable at $385-390 per tonne fob Black Sea on Thursday May 31.
“This week was rather quiet, with no firm negotiations in either market,” one...