CIS PIG IRON: Market led by small deals; activity remains low [CORRECTED]

October 13, 2020 / www.metalbulletin.com / Article Link

Activity in the export pig iron market out of the Commonwealth of Independent States was minimal in the week to Thursday October 8, although market participants reported some small-volume deals.

Fastmarkets' weekly price assessment for high-manganese pig iron, export, fob main port Black Sea, CIS was $346-360 per tonne on Thursday, widening from $350-355 per tonne a week earlier.
There were two sales from Ukraine to Turkey for a total of 10,000 tonnes at $375 per tonne cfr, or around $357-360 per tonne fob.

That was well above the level of the latest sale to China from the CIS, which was completed for Russia-origin material at $381-383 per tonne cfr to an international trader. This is equivalent to about...

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