CIS export pig iron market muted but firm on bullish suppliers

November 20, 2021 / www.metalbulletin.com / Article Link

No trading activity was reported in the export pig iron market from the Commonwealth of Independent States in the week ended Thursday November 18, although the market was firm amid bullish suppliers.

Fastmarkets' price assessment for high-manganese pig iron, export, fob main port Black Sea, CIS was $530-540 per tonne on November 18, narrowing upward from $520-540 per tonne a week before.

"Suppliers are inactive now; some have been estimating availability, some are waiting until buyers run out of stocks and pay higher prices and others are expecting more clarity in the market," one international trader said. "Although, they're...

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