Buyers in the export market for pig iron from the Commonwealth of Independent States have been keeping an eye on the United States, the world's largest consumer of merchant pig iron.
Fastmarkets' export price assessment for high-manganese pig iron from the CIS was $360-375 per tonne fob Black Sea on October 25, widening upward from $360-370 per tonne a week earlier.Once the price of hot-rolled coil went up in the US, the CIS pig iron exporters increased their offers to around...