During the past week, international demand for ex-CIS pig iron has improved further, while ex-CIS pig iron offers have started to stand at $390-410/mt FOB, indicating a $5/mt fall on the lower end and a $5/mt increase on the upper end. The high manganese content pig iron sale made by a Russian producer last week to western Europe at $410/mt FOB caused ex-CIS pig iron prices to fall on the lower end. However, after Brazil increased its pig iron prices in offers given to the US, ex-CIS pig iron offers have moved up from $410-415/mt CFR to $415-420/mt CFR. In line with the rises seen in scrap and domestic finished steel prices in the US, demand for pig iron in the US has also accelerated. Additionally, ex-CIS pig iron offers to Italy have remained stable week on week at $415/mt CFR. And in Turkey, where no new pig iron offer has been heard for a long time, demand for pig iron has not improved and is still weak.