CIS export pig iron softens on falling coal market, slow demand

The pig iron export market from the Commonwealth of Independent States softened over the week to Thursday November 26 on falling coking coal prices and slow demand.

Fastmarkets’ price assessment for high-manganese pig iron, export, fob main port Black Sea, CIS was $520-540 per tonne on November 26, widening downward from $530-540 per tonne a week before.

"Strong coking coal prices were hardly the only argument from suppliers to keep prices high. Now coal prices are falling, and the pig...

Published

Marina Shulga

November 26, 2021

15:12 GMT

Dnipro