In early August Black Sea pig iron prices were stable, while manufacturers slightly increased their prices and were even to gain some success.
Black Sea region offers were on the level of $240-245 per ton FOB without middlemen for Turkey, Italy and USA buyers.
This corresponds to the September produced pig iron prices for delivery CIF New Orleans at $260. At the same time, the buyers see their target price at $255 per ton CIF.
A Ukrainian works confirmed its readiness t sell pig iron at $240-245 FOB Azov Sea, but its earlier sales were on the level of $235/t FOB.
As of August 5, pig iron was traded at $230-240 per ton, up by $2.5 per ton week-on-week. (Ukrainian metal)