KYIV, Feb 25 – The second half of February did not bring any changes in the quotes of cast iron in all regional markets: exporters did not find points of contact with importers regarding the increase in the cost of products, importers do not conclude major deals in anticipation of a clarification of the situation in the flat-rolled steel segment, the press release of the Ukrainian Industry Expertise said.

It is noted that, despite the fact that in the U.S. scrap prices have gone up in most states, the cost of cast iron remains in the range of $495-505 per ton cif. At the same time, American metallurgists began negotiations with suppliers from Brazil and Russia, realizing the need to enter the market to replenish rapidly depleting reserves. Exporters from Brazil are in no hurry to increase supply, as they currently have an excellent alternative to supply to the domestic market, where demand is growing.