December 2017

2017 REVIEW: CIS pig iron export price gains outpace costs

Pig iron exporters from Russia and Ukraine managed to achieve price growth above that of raw material costs in 2017, supported by more buoyant global final steel product markets.

Brazilian pig iron export prices up on fresh trading activity

Export prices for Brazilian pig iron grew over the week, due to fresh trading activity ahead of the New Year holiday.

CIS PIG IRON: Buyers opt for port stocks as mills increase offers

Exporters of CIS-origin pig iron have raised their offers again to exploit low availability, but buyers prefer to make purchases from port stocks, sources said this week.

Global DRI output rises more than 10% in November

Global direct-reduced iron (DRI) output increased by 10.12% year on year in November, according to the latest statistics from the World Steel Association (Worldsteel).

PRICING NOTICE: Extension of consultation period regarding domestic China pig iron price

Metal Bulletin has today extended the consultation period regarding its proposal to discontinue its weekly domestic China pig iron price.

STEEL WEEK IN BRIEF: Scrap prices on the rise; ArcelorMittal raises European flat steel prices; interviews with AGIS, Mobarakeh Steel

Metal Bulletin reviews the major stories affecting the steel market over the past week.

Brazilian pig iron export prices stable in quiet market

Export prices for Brazilian pig iron were unchanged in mid-December due to a lack of trading activity.

Venezuela's HBI export prices down on fresh offers

Export prices for Venezuelan hot-briquetted iron (HBI) changed over the past week for the first time since September amid renewed offers.

CIS PIG IRON: Buyers start to accept higher prices

Buyers of Commonwealth of Independent States-origin pig iron have started to book material in the export market at higher prices after suppliers increased offers in the beginning of December.

Brazilian pig iron export prices up on fresh deal, offers

Export prices for Brazilian pig iron have increased in early December, due to fresh trading activity.