Russian pig iron export prices rise on higher offers, freight rates, but no deals reported

Issued at 2022-03-28

Russian pig iron export prices increased in the week to Thursday March 24, on higher offers and freight rates, but despite being well below the price of Brazil-origin material, no sales were reported.

Although there are no direct sanctions against steelmaking raw materials because of Russia’s invasion of Ukraine, the only countries said to be accepting material from Russia right now are Turkey.