CIS export pig iron prices were mostly stable in the week ended Thursday February 8 while the market waited for clearer trends to emerge in raw materials, scrap in particular.
Metal Bulletin's export price assessment for high-manganese pig iron from the CIS region was $350-375 per tonne fob Black Sea on February 8, unchanged week on week.A cargo of Russian material was heard sold to the United States within the range of $390-395 per tonne cfr. This price was close to $370-375 per tonne fob Black Sea, considering rough estimations of the freight rate.Meanwhile, a cargo of pig iron from Ukraine's Metinvest was heard booked in Italy late last...