August 2020

FOCUS: Will China continue to absorb import pig iron?

After five months of roaring demand for pig iron in China, market sources have started to doubt whether buying activity there will continue.

Brazil pig iron export market active on new sales to China

Brazil’s pig iron export market was active during the week to Friday August 28 amid new sales to China.

US PIG IRON: Negotiations resume but no deals yet

Negotiations resumed in the import pig iron market in the United States during the week to Friday August 28, but no deals have yet been concluded.

CIS PIG IRON: Market firm on resumed sales to China

The market for pig iron exports from the Commonwealth of Independent States was firm over the week to Thursday August 27 on resumed sales to China.

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

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

Voestalpine to restart small BF at its Linz plant

Austrian steelmaking group Voestalpine plans to resume operation of a small blast furnace (BF) at Linz in Austria, the company said on Friday August 21.

US PIG IRON: Market silent but restocking expected soon

The import pig iron market in the United States was quiet during the week to Friday August 21, but buyers are expected to start restocking soon, according to market sources.

Brazil pig iron export market slow but suppliers optimistic

Brazil’s pig iron export market was quiet during the week to Friday August 21, but suppliers remain optimistic amid full order books, sources told Fastmarkets.

CIS PIG IRON: Market slows down on reduced activity in China

The market for pig iron exports from the Commonwealth of Independent States (CIS) slowed down during the week to Thursday August 20 on reduced activity in China.

US raw material imports retreat in June

Imports of steelmaking raw materials into the United States fell by 12.9% month on month in June, with a sharp drop in pig iron deliveries outweighing a rise in shipments of ferrous scrap and direct-reduced iron (DRI), according to the latest US Census Bureau figures.