Fastmarkets’ weekly price assessment for
high-manganese pig iron, export, fob main port Black Sea, CIS was $450-460 per tonne on Thursday, narrowing upward from $433-460 per tonne a
week earlier.
Turkey remained an active buyer of pig iron from the CIS during the week, mainly due to the strong steel market there and the rapid growth of the scrap price over the period.
In the middle of the week, a Russia-origin cargo of less than 5,000 tonnes was sold...