CIS PIG IRON: Market down on bearish buyers

Prices in the Commonwealth of Independent States' pig iron export market fell during the week to Thursday September 2 on bearish buyers in all outlets.

Fastmarkets assessed the price for high-manganese pig iron, export, fob main port Black Sea, CIS at $490-505 per tonne on Thursday, down from $510-520 per tonne the previous week.
"Activity has appeared in China, that will stimulate sales in all other outlets," one trader said. "However, the demand price in all markets is going down and buyers need to accept it."

The price in China was reported at $535-540 per tonne cfr...

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