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14 Oct
18:37

Tulachermet's merchant pig iron availability shrinks

Russian merchant pig iron exporter Tulachermet is reducing allocations of pig iron for export as it continues to ramp up its newly-launched steelmaking complex, a company representative tells Kallanish. The producer, known for its higher-than-average low-manganese basic pig iron quality, which has commanded a premium of up to $50/tonne, last week increased its price to $350/t fob Black Sea. This was from $325/t a week prior and $300/t the week before that. Seein…
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