Ex-CIS pig iron prices

Tuesday, 14 June 2016 13:39:06 (GMT+3)   |   Istanbul
       

Over the past two weeks, pig iron offers from the CIS region to the export markets have decreased by $15/mt on the low end and declined by $15/mt on the upper end to $240-250/mt FOB. With pig iron demand still weak in the global market, ex-CIS pig iron offers are expected to decline further slightly amid the price decreases seen in the international steel markets. Meanwhile, market players state that Ukrainian pig iron producers have closed their sales for July and August shipments and that they are expected to start giving new offers for September shipment in late June. 


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