The market for pig iron exports from the Commonwealth of Independent States (CIS) was stable during the week ended Thursday May 16, with several sales to the United States at prices equal to those heard at the start of the month.
Fastmarkets' price assessment for CIS exports of high-manganese pig iron was unchanged at $330-335 per tonne fob Black Sea on Thursday.One Russia-origin pig iron cargo was sold to the US at $355 per tonne cfr, or around $335 per tonne fob Black Sea, equal to prices in early May.Another cargo of Russia-origin pig iron was sold at $355-360 per tonne cfr to the US, but not to the...