Exporters of pig iron from the Commonwealth of Independent States increased their sales activity to the key markets of italy and the United States on higher demand from buyers which needed to restock.
Metal Bulletin's export price assessment for high-manganese pig iron from the CIS region was $385-390 per tonne fob Black Sea on Thursday May 24, up from $360-385 per tonne fob last week.Ukrainian steelmaker Metinvest sold another cargo to the United States at $405-410 per tonne cfr this week, equivalent to around $385-390 per tonne fob Black Sea, after a deal was concluded a week ago at the same price."We...