August 2021

Indian secondary billet prices down by $26 per tonne

Indian domestic prices for secondary steel billet tumbled by 1,900 rupees ($26) per tonne in the week ended Friday August 27 with the price of the key raw material, direct-reduced iron (DRI), dropping by 1,200 rupees per tonne.

Brazil's pig iron export market pressured lower still by soft demand

Brazil's pig iron export market came under pressure from subdued demand during the week to Friday August 27 although no trades were reported.

CIS PIG IRON: Market silent but weak on absence of demand

The Commonwealth of Independent States' pig iron export market was weak during the week to Thursday August 26 due to a lack of demand.

US PIG IRON: Market down on low demand, weak scrap

The import pig iron market in the United States weakened during the week to Friday August 27 on low demand and a weak scrap market, which adds pessimism to buyers.

CHINA PIG IRON: Buyers chase deals at lower prices following iron ore drop

Prices for imported basic pig iron to China were capped by bearish sentiment in the market during the week commencing Monday August 23, participants told Fastmarkets.

MAP: Green steel hotspots spread across Europe

Fastmarkets has plotted the locations of the continuing and proposed projects for the decarbonization of the European steel sector.

PRICING NOTICE: Launch of China pig iron import price assessment

Fastmarkets on Thursday August 26 launches a fortnightly assessment of the China pig iron import price, reported on a US-dollar-per-tonne-cfr-China basis.

Brazil's pig iron export price down on low demand

Brazil's pig iron export market was calm but prices weakened during the week to Friday August 20 due to low demand.

US PIG IRON: Prices slip due to bearish iron ore, scrap sentiment

Import pig iron prices in the United States fell during the week ended Friday August 20 due to bearish buyers and negative sentiment in the iron ore and ferrous scrap markets.

CIS PIG IRON: Market down on pessimistic buyers, iron ore fall

The export market for pig iron from the Commonwealth of Independent States went down during the week to Thursday August 19 due to buyer pessimism and a fall in iron ore prices.