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Forecasts and market analysis based on price assessments from Fastmarkets MB and Fastmarkets AMM

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February 2019 | Steel Scrap and Metallics Forecaster


Emerging uptrend in the CIS pig iron market is here to stay: CIS Market Analysis


Major iron metallics producers in the CIS region increased merchant output last year, but for MPI the growth is unlikely to continue, we believe

Merchant pig iron (MPI) prices in the Black Sea ports increased in February on a monthly average basis for the first time since July 2018. Fastmarkets MB assessment for high-manganese material rose by $7 per tonne to average at $335 per tonne fob Black Sea in February. The increase was sharper in the Baltic Sea ports, where there is traditionally less competition. Prices for low-manganese MPI jumped by $18.50 per tonne to $378 per tonne fob Baltic Sea on average in February – the first price rise since...

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