November 2019

Brazilian export pig iron prices climb on further sales

Pig iron export prices from Brazil increased further in the week ended Friday November 29 because of further sales to China and the United States.

CIS PIG IRON: Mills bullish because of low availability

Pig iron exporters from the Commonwealth of Independent States were bullish in the week to Friday November 29 because of low availability and several sales to the United States and China.

Steelmaking Raw Materials Trade Log, November 26, 2019

The latest bids, offers and deals in the global markets for iron ore, pig iron, direct-reduced iron and other steelmaking raw materials.

Export pig iron price from south of Brazil up on resumed sales to China

Pig iron export prices from Brazil have moved higher during the week ended Friday November 22, on resumed sales to China at higher prices.

US PIG IRON: Market static while parties negotiate prices

No new deals were reported in the US pig iron market during the week ended Friday November 22 because buyers and suppliers failed to agree deal prices.

CIS PIG IRON: Market stable on low trading activity

The pig iron export market for the Commonwealth of Independent States was stable on low trading activity during the week ended Thursday November 21, Fastmarkets has heard.

MMK sets out five-year plan to increase HRC, pig iron output

Russia’s Magnitogorsk Iron & Steel Works (MMK) plans to increase its production of hot-rolled coil and pig iron over the next five years, chief executive officer Pavel Shilyaev said during the company’s capital markets day at the London Metal Exchange on November 15.

Scrap recycling, clean energy key to securing waste-free EAF steelmaking, industry bodies say

Steelmaking in electric arc furnaces (EAF) is already a good example of a waste-free circular economy since more than half of global steel output is being recycled, even if higher-quality materials are still produced from virgin materials and fossil-fueled processes, the president of the European Steel Technology Platform (ESTEP) said at a workshop in Bergamo, northern Italy last week.

Brazilian pig iron export prices up on new sale, full order books

Pig iron export prices from Brazil have risen again on higher deal prices and full order books through the end of the year, market sources told Fastmarkets during the week ended Friday November 15.

US PIG IRON: Bookings resume at higher prices

Buyers in the United States resumed pig iron purchases at higher prices in the week to Friday November 15, due to the improving scrap and hot-rolled coil markets.