The market for pig iron exports from the Commonwealth of Independent States was stable despite worries about shipments from Ukraine being interrupted because of the country's current restrictions under martial law, sources told Fastmarkets on Thursday November 29.
Fastmarkets' CIS export price assessment for high-manganese pig iron was unchanged at $355-365 per tonne fob Black Sea on November 29.Ukraine imposed martial law on November 28 in 10 of the country's provinces, and in its territorial waters in the Sea of Azov and the Kerch Strait, which links that body of water to the Black Sea.This action came after military tensions arose when Russian ships shot on and then seized Ukrainian vessels in the Kerch Strait.Among the regions under martial law are the southern provinces of Odessa, Mykolaiv and Kherson, which have coastlines on the Black Sea. Ports in those areas are...