November 2018

South Brazil's pig iron exporters raise offer prices for January

Pig iron exporters in the south of Brazil have sold out of material for shipment this year and have increased their offer prices for material for January deliveries.

US PIG IRON: Previous restocking keeps US buyers out of market

Buyers avoided making new deals in the United States pig iron market during the week ended Friday November 16 because they had restocked earlier in the month, Fastmarkets was told.

CIS PIG IRON: Market settles after active sales earlier in Nov

Trading activity in the export market for pig iron from the Commonwealth of Independent States faded after active sales to the United States earlier this month.

STEEL WEEK IN BRIEF: Scrap price falls; fresh US sanctions against Iran; global excess steel supply finding its way to Middle East…

Fastmarkets MB reviews the major stories that have affected the steel market during the week ended November 9.

US PIG IRON: Prices still weak despite strong scrap

Pig iron booking prices in the United States have not gone up during the week ended Friday November 9 despite the renewed strength of the scrap market.

Demand for Brazilian pig iron rises on likely supply reduction

Demand for pig iron exported from Brazil improved during the week ended Friday November 9 because of an expected reduction in supply when the rainy season starts.

NORTH AMERICAN MORNING BRIEF 09/11: LME base metals gloomy; China export data strong; EY forecasts battery demand boost; LME ADV up 15% in Oct

The latest metal markets news and price moves to start the North American day on Friday November 9.

ASIAN MORNING BRIEF 09/11: Tin leads LME gainers; Alunorte curtailment to continue; European moly markets drop

The latest news and price moves to start the Asian day on Friday November 9.

CIS PIG IRON: Black Sea market steady with cargo prices rangebound

Pig iron export prices from the Black Sea region were largely stable this week, with sellers maintaining offers at the upper end of last week’s price range, Fastmarkets learned on Thursday November 1.

Metinvest’s 9-month semi-finished output up 18% y-o-y

Ukrainian steelmaker Metinvest increased its output of sellable semi-finished products by 18% year on year, to 2.3 million tonnes over the first nine months of 2018, supported by favorable market conditions.