Fastmarkets’ weekly price assessment for high-manganese pig iron, export, fob main port Black Sea, CIS
reduced week on week to $295-305 per tonne on Thursday September 19, down from $305-310 per tonne a week earlier
“There is confrontation between buyers and sellers,” one source from the CIS said. “Some big customers are very aggressively pointing to plunging [pig iron substitute] scrap prices, while CIS [suppliers] are being squeezed by raw materials prices.”
In Turkey - the largest scrap import market - Fastmarkets’ daily index for US-origin HMS...