CIS PIG IRON: Demand in China, low availability, strong scrap support prices

摘要

Steady demand in China, reduced availability of material and a rebound in the cost of scrap all gave support to the market for pig iron exports from the Commonwealth of Independent States during the week ended Thursday October 17, Fastmarkets has heard. Fastmarkets’ weekly price assessment for high-manganese pig iron, export, fob main port Black Sea, CIS, was $270-280 per tonne on October 17, widening upward from $270-275 per tonne a week earlier. Several sales of Ukraine-origin pig iron were heard to China at roughly $275-280 per tonne fob Black Sea, according to estimates by market sources.