On October 9, SteelOrbis reported ex-CIS basic steelmaking pig iron offers to Italy at $370-380/mt CFR for Ukrainian material.
Sources inform SteelOrbis that ex-CIS steelmaking pig iron offers to Italy are presently at $345-350/mt CFR Italy or approximately $325-330/mt FOB Black Sea. The price has declined $25/mt from the bottom of the previously reported range and $30/mt from the top of the same range.