CIS PIG IRON: Market strong on demand in neighboring outlets; US market silent

The pig iron export market in the Commonwealth of Independent States was strong during the week to Thursday April 15 amid demand in neighboring outlets - though the import market in the United States was quiet.

Fastmarkets’ price assessment for high-manganese pig iron, export, fob main port Black Sea, CIS was $535-550 per tonne on Thursday, widening upward from $535-542 per tonne one week earlier.
A sale of 10,000-12,000 tonnes of Ukraine-origin pig iron was heard to a trader for the Turkish market at $550 per tonne fob, with prompt shipment in April, sources said.

Another sale was reported after the assessment was published at $580-585 per tonne cfr to Italy for a cargo of 5,000 tonnes, sources said....


Marina Shulga

April 16, 2021

16:35 GMT