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 scrap price...

Published

Marina Shulga

August 09, 2018

18:00 GMT

London