CIS PIG IRON: Market falls quiet on sliding scrap costs

Buyers and sellers in the pig iron export market in the Commonwealth of Independent States were in wait-and-see mode in the week to Thursday August 9, because of the current fall in scrap prices.

Metal Bulletin’s export price assessment for high-manganese pig iron from the CIS region narrowed upward to $385-390 per tonne fob Black Sea on Thursday August 9, from $380-390 per tonne the week before.

Mills have sold out their August production and can afford to wait until the price of...

Published

Marina Shulga

August 09, 2018

18:00 GMT

London