The export pig iron market from the Commonwealth of Independent States was calm during the week to Thursday June 3 amid an uncertain price trend.
Fastmarkets assessed the price of high-manganese pig iron, export, fob main port Black Sea, CIS at $625-635 per tonne on Thursday, widening downward from $630-635 per tonne on June 2.The gap between current pig iron and scrap prices suggests that the pig iron market level should fall to $640 per tonne cfr, sources...