Prices achieved in export deals for pig iron from the Commonwealth of Independent States region continued to rise in the week to Thursday October 21, supported by limited allocations of material and bullish expectations for the future price trend.
A large volume of pig iron originating from eastern Ukraine was sold at $530 per tonne fob Black Sea to several traders early this week, Fastmarkets heard. This was $10-20 per tonne above the deal prices heard last week.Market participants also reported that there were...