CIS PIG IRON: Market strong on demand in China, resumed sales to Italy

The market for pig iron exports from the Commonwealth of Independent States (CIS) was strong during the week to Thursday August 7 amid further demand in China and new sales to Italy, sources said.

Fastmarkets' weekly price assessment for high-manganese pig iron, export, fob main port Black Sea, CIS was $322-326 per tonne on August 7, narrowing upward from $320-326 per tonne a week before.
Sales of Ukraine-origin pig iron were done to international traders, who had decided to restock, at $342-346 per tonne cfr, depending on the mill of production - equivalent to about $322-326 per tonne fob.

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