Activity in the export market for pig iron from the Commonwealth of Independent States (CIS) was low during the week to Thursday November 5 on tight availability, with suppliers reported to be almost sold out for 2020 and demand coming only from China.
Fastmarkets' weekly price assessment for high-manganese pig iron, export, fob main port Black Sea, CIS, was $355-360 per tonne on November 5, unchanged week on week.Market activity was reported only in China. Last week, a cargo from Russia was sold to China at $395 per tonne cfr. The sale was done from the country's Far East province, indicating the level of the market there. That would be equivalent to $360 per tonne fob Black Sea, which was also thought to be...