May 2019

US PIG IRON: Deal prices stable on scrap market bottoming, rising iron ore costs

The pig iron market in the United States was stable this week, with the scrap market said to be around the bottom while the cost of iron ore continued to increase, Fastmarkets heard on Friday May 17.

Export pig iron prices from southern Brazil down on reduced sales

Pig iron export prices from the south of Brazil have gone down slightly this week on lower sales to Asia, Fastmarkets heard on Friday May 17.

CIS PIG IRON: Market flat on stable sales prices

The market for pig iron exports from the Commonwealth of Independent States (CIS) was stable during the week ended Thursday May 16, with several sales to the United States at prices equal to those heard at the start of the month.

ArcelorMittal stops blast furnace operation in Brazil's Divinópolis

ArcelorMittal has discontinued operations at a blast furnace in the city of Divinópolis, in Brazil’s south-eastern state of Minas Gerais, which produced pig iron.

PRICING NOTICE: Proposal to amend specifications of south Brazil, Baltic Sea export, Italy import pig iron price assessments

Fastmarkets proposes a realignment of the specifications for its south Brazil, Baltic Sea export and Italy import pig iron price assessments, based on market observations.

US PIG IRON: Lower high-phosphorous prices put pressure on market

The pig iron market in the United States was under pressure from lower prices for high-phosphorous material from Brazil, while supplies of low-phosphorous material continued to be restricted, Fastmarkets heard on Friday May 3.

CIS PIG IRON: Market silent on sellers’ holidays, scrap price uncertainty

The market for pig iron exports from the Commonwealth of Independent States (CIS) remained silent during the week ended Thursday May 2, with suppliers taking public holidays and the price of scrap unclear in the United States, the key outlet market.