CIS PIG IRON: Mills bullish because of low availability

Pig iron exporters from the Commonwealth of Independent States were bullish in the week to Friday November 29 because of low availability and several sales to the United States and China.

Fastmarkets’ weekly price assessment for high-manganese pig iron, export, fob main port Black Sea was $300-305 per tonne on November 28, narrowing upward from $295-305 per tonne fob a week ago.
A sale was heard to the United States at $326 per tonne cfr, which nets back to around $300-305 per tonne fob Black Sea. Another sale was heard to China at around $300 fob Black Sea.

“Available volume is limited now and our offers now are only to nearby...


Marina Shulga

November 29, 2019

15:52 GMT