Russian pig iron export market up on expected higher demand in China

The prices of export pig iron from Russia went up during the week to Thursday February 2 due to expectations of increased demand in China and in response to a general uptrend in the global steel and raw material markets.

Fastmarkets’ price assessment for high-manganese pig iron export, fob main port Black Sea, CIS was $410-440 per tonne on Thursday, up from $380-400 per tonne a week earlier.

“China...

Published

Marina Shulga

February 03, 2023

15:03 GMT

Dnipro