July 2020

Brazil pig iron export prices up further on continued sales

Pig iron export prices from Brazil continued to climb in the week to Friday July 31, on new sales to China and the United States.

US PIG IRON: Demand remains dead on depressed steel market

Pig iron demand remained negligible in the United States during the week ended Friday July 31 due to the depressed nature of the steel market, Fastmarkets has heard.

CIS PIG IRON: Chinese still active while market sleeps

The market for pig iron exports from the Commonwealth of Independent States (CIS) was quiet during the week ended Thursday July 30 with demand being heard only in China.

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

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

Brazil pig iron export prices rise again on new sales

Pig iron export prices from Brazil went up again during the week to Friday July 24 on a new sale to China and a new sale to the United States.

US PIG IRON: No spot activity seen amid reduced demand

No activity was again reported in the United States’ spot import pig iron market during the week ended Friday July 24, with pig iron prices still considered high compared with those for scrap and demand weak amid low utilization rates.

CIS PIG IRON: Market firm on Chinese demand as Turkish interest revives

The market for pig iron exports from the Commonwealth of Independent States (CIS) was firm during the week ended Thursday July 23, on continued demand in China and resumed interest in Turkey.

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

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

Severstal to start new BF in Q3 but no pig iron sales likely

Russian steelmaker Severstal plans to start a new blast furnace (BF) at its Cherepovets steel mill in late August or September this year, the company said on Monday July 20. The additional volumes of pig iron it produces will be used to meet the company’s own needs.

Southern Brazil pig iron export price up again on new sale to China

Pig iron export prices from the south of Brazil rose again during the week to Friday July 17 on a new sale to China.