July 2019

US PIG IRON: Deal prices up on lower availability

Several deals for pig iron were heard in the United States at higher prices during the week ended Friday July 19, mainly due to reduced availability of material from the Commonwealth of Independent States, sources said.

Russia’s IMH’s increases output at Tula Steel, cuts merchant pig iron volumes

Russian group Industrial Metallurgical Holding (IMH) is increasing the steel output from its new Tula Steel subsidiary, which is reducing the volumes available from merchant pig iron-making asset Tulachermet, Fastmarkets learnt during the week ended Friday July 19.

CIS PIG IRON: Poor availability pushes up deal prices

Export prices for pig iron from the Commonwealth of Independent States (CIS) increased in deals this week, due to reduced availability, sources told Fastmarkets.

South Brazil pig iron export prices remain weak on scrap, iron ore uncertainty

Export pig iron prices from the south of Brazil remained weak on uncertainty in both the scrap and iron ore markets, sources told Fastmarkets.

US PIG IRON: Suppliers’ position strengthens on reduced availability

Import pig iron prices in the United States picked up in the week ended Friday July 12 on reduced availability from the Commonwealth of Independent States, sources have told Fastmarkets.

CIS PIG IRON: Prices up on reduced availability

Export prices for pig iron from the Commonwealth of Independent States (CIS) increased on reduced availability, sources told Fastmarkets this week.

CIS PIG IRON: Prices pick up on rising iron ore, scrap costs but buying limited

The market for pig iron exports from the Commonwealth of Independent States (CIS) has strengthened over the past week following rises in the prices for iron ore and ferrous scrap.