The export market for pig iron from the Commonwealth of Independent States rose further in the week to Thursday May 20 on new sales and bullish offers from suppliers despite an absence of large sales and even while additional volumes appeared in the market.
Fastmarkets assessed the price for high-manganese pig iron, export, fob main port Black Sea, CIS at $635-655 per tonne on Thursday, up from $580-600 per tonne a week earlier. The assessment jumped by 9.32% this week having risen gradually since March 25 when it stood at $520-530 per tonne.Another sale from Ukraine to Italy was done for about 5,000...