The uptrend in the pig iron export market from the Commonwealth of Independent States (CIS) continued in the week to Thursday December 24, despite no trades being reported, sources told Fastmarkets.
Fastmarkets' weekly price assessment for high-manganese pig iron, export, fob main port Black Sea, CIS was $500-510 per tonne on Thursday, up from $475-500 per tonne a week earlier."One supplier told me that there is no use in offering something now, because buyers will try to negotiate lower prices," one...