Russian pig iron market calm, mood improves on rising scrap prices

The market for pig iron exports from Russia remained calm over the week to Thursday August 17, but the mood was improving because of rising prices for steel scrap.

Fastmarkets’ weekly price assessment for high-manganese pig iron, export, fob main port Black Sea, CIS, was $315-340 per tonne on Thursday, unchanged since August 10.

“So far, the pig iron...


Marina Shulga

August 18, 2023

16:08 GMT