January 2019

NLMK increases exports from Russia on higher slabs and pig iron demand

Novolipetsk Steel (NLMK), Russia’s largest steelmaker, increased the export sales volumes from its Russian assets in 2018 because of higher demand for steel slabs and pig iron, the company said on Friday January 18.

IN CASE YOU MISSED IT: 5 key stories from January 18

Here are five Fastmarkets MB stories you might have missed on Friday January 18 that are worth another look.

Southern Brazil pig iron export price down again on lower deal

Pig iron exporters from the south of Brazil cut prices lower to sell a cargo to the United States, Fastmarkets learned on Friday January 18.

US PIG IRON: Buyers start restocking at lower prices

Pig iron buyers in the United States have resumed their purchases of material but at lower prices, sources told Fastmarkets on Friday January 18.

CIS PIG IRON: Sales resume at lower prices on scrap market weakness

Trading activity in the pig iron export market from the Commonwealth of Independent States (CIS) resumed in the week ended Thursday January 17 but at reduced prices, due to falls in the scrap markets in the United States and Italy.

IN CASE YOU MISSED IT: 5 key stories from January 11

Here are five Fastmarkets MB stories you might have missed on Friday January 11 that are worth another look.

Pig iron exporters from Southern Brazil cut offers in depressed market

Pig iron exporters from the south of Brazil reduced offers under pressure of low demand and falling scrap prices, sources told Fastmarkets on Friday January 11.

US PIG IRON: Market stalled by scrap price drop confusion

The pig iron market in the United States was confused by heavy drop in the scrap market in the week ended Friday January 11, and both buyers and sellers preferred to wait until the situation in the market became clearer.

CIS PIG IRON: Market falls under pressure from weak scrap prices

The pig iron export market for producers in the Commonwealth of Independent States (CIS) has dropped because of crashes in domestic scrap prices in the key outlets of the United States and Italy.

CIS PIG IRON: Buyers bearish, market still silent

The pig iron export market in the Commonwealth of Independent States (CIS) remained silent this week because of the new year holiday period, while buyers’ mood remained bearish because of the weak scrap and final products markets.