The export market for pig iron from the Commonwealth of Independent States has weakened on falling scrap prices in the major outlet regions.
No deals were heard during the week ended Thursday September 13, with market insiders awaiting developments at the International Iron Metallics Association (IIMA) meeting in Stockholm on September 17-19.Metal Bulletin's export price assessment for high-manganese pig iron from the CIS went down to $365-375 per tonne fob Black Sea on September 13, from $375-380 per tonne fob a week before."The workable price for buyers has moved down following the decrease in the...