September 2019

Southern Brazil resumes pig iron exports but prices go down

Pig iron exporters in the south of Brazil have resumed sales activity after a month-long silence, although the price has gone down because of low demand in response to falling scrap prices.

CIS PIG IRON: Market down on scrap freefall

No major sales were completed in the Commonwealth of Independent States' pig iron export market during the week to Thursday September 26, although market levels went down on free falling scrap prices and a general pessimistic mood.

FOCUS: CIS pig iron exports to decrease in 2019 after 2018 peak

Pig iron shipments from the Commonwealth of Independent States, which cover almost two thirds of global exports, are expected to decrease in 2019 after reaching a peak in 2018 because suppliers are redirecting pig iron from the export market for captive use, sources told Fastmarkets.

Steelmaking Raw Materials Trade Log, September 24, 2019

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

FOCUS: Is low-carbon steel production the future of the industry?

Faced with high and increasing emissions costs during a period of challenging market conditions, the steel industry is driving a change toward carbon neutral and fossil-fuel-free steel production in a bid to evolve and stay afloat.

Brazilian pig iron export prices down on weak scrap, low demand

Export prices for pig iron from Brazil have gone down on the influence of weak global scrap pricing and fading demand, sources told Fastmarkets during the week ended Friday September 20.

US PIG IRON: Market falls on buyers' pessimism on prices

The import market for pig iron in the United States fell in the week ended Friday September 20, with buyers still not ready to resume purchases and expecting lower prices because of the weak scrap sector and planned maintenance outages in December.

CIS PIG IRON: Market dead on seller, buyer standoff

The export market for pig iron from the Commonwealth of Independent States (CIS) remained dead silent over the week to Thursday September 19, with sellers and buyers yet to agree on a workable price level for both sides.

CIS PIG IRON: Market remains silent on weak fundamentals

The export market for pig iron from the Commonwealth of Independent States (CIS) was silent this week due to suppliers and buyers holding back because of weak fundamentals, sources told Fastmarkets.

US PIG IRON: Market down under scrap pressure

The import market for pig iron in the United States has gone down during the week ending Friday September 6, mainly under pressure from falling scrap prices, sources have told Fastmarkets.