April 2020

RESEARCH: Key takeaways from the latest Steel Raw Materials Market Tracker

The latest forecasts from Fastmarkets’ team of analysts are ready to view.

Spain extends lockdown to May 10; steel industry remains reduced

Spain has extended its lockdown for the third time to combat the spread of Covid-19, which means the local steel industry will continue running at reduced rates, sources told Fastmarkets on April 27.

South Brazil pig iron export prices firm on further sales to China

The market for pig iron exports from the south of Brazil was firm during the week ended Friday April 24 on further sales to China.

US PIG IRON: Market inactive on low steel production rates

The pig iron market in the United States remained inactive during the week to Friday April 24 due to low steel production rates and the resulting reduced need for pig iron.

CIS PIG IRON: Market slow on weak demand in traditional export outlets

The market for pig iron exports from the Commonwealth of Independent States was slow in the week to Thursday April 23, with only limited demand from the country's traditional export destinations, sources told Fastmarkets.

RESEARCH: Key takeaways from the latest Steel Raw Materials Market Tracker

The latest forecasts from Fastmarkets’ team of analysts are ready to view.

ArcelorMittal to idle second BF at Fos-sur-Mer plant in France

ArcelorMittal plans to temporarily idle the second blast furnace (BF) and coking plant at its Fos-sur-Mer flat steel plant in France due to the economic downturn resulting from the Covid-19 pandemic, the company told Fastmarkets on Wednesday April 22.

South Brazil pig iron export prices rebound on continued demand in China, lower freight rates

Prices for pig iron exports from the south of Brazil rebounded during the week ended Friday April 17 on continued demand in China and lower freight rates.

US PIG IRON: Market dead on weak demand, active other outlets

The pig iron market in the United States was dead during the week to Friday April 17, with buyers showing little interest in purchases while suppliers were not in a rush to stimulate sales by lowering offers to other outlets.

CIS PIG IRON: Market rebounds on sales to Turkey, higher scrap costs

The market for pig iron exports from the Commonwealth of Independent States rebounded during the week to Thursday April 16 on sales to Turkey and higher prices for steel scrap.