For the past few weeks the Black Sea pig iron price fall has been lower than in May. Metal companies try to shift prices to August output.
Metinvest kept its prices on the level of $250 per ton CFR Turkey and Italy. Its latest sales to Turkey were at $245-250 per ton, and to Italy at $250.
Donetskstal was able to resume production after several weeks of idleness due to the railroad strike – the works had to shut down both of its blast furnaces. Now the company operates one blast furnace and intends to come to market in full power in late summer. Donetskstal plans to export pig iron at $235 per ton FOB. (Ukrainian metal)