Black Sea export pig iron market up on tight supply, Turkish demand

The export pig iron market from the Black Sea went up during the week to Thursday January 20 on limited availability, sources have told Fastmarkets.Fastmarkets assessed the price of high-manganese pig iron, export, fob main port Black Sea, CIS, at $500-515 per tonne on Thursday, up from $490-500 a week before.
“Ukraine’s Metinvest doesn’t have pig iron [for the spot market], Russia’s Severstal has no pig iron until April [shipment], NLMK is sold out for February, and we have sold half of our March availability,” one exporter said.

“Russia is…

According: metalbulletin

Leave a Comment