September 2021

PRICING NOTICE: Decision to suspend launch of China HBI import price

Fastmarkets has decided not to proceed with the proposed launch of a hot-briquetted iron (HBI) import, cfr China, $ per tonne assessment.

EU GREEN STEELMAKING: ArcelorMittal Belgium to spend €1.1bln on decarbonisation technologies

ArcelorMittal Belgium will build a 2.5 million-tonne-per-year direct reduced iron (DRI) plant and two electric furnaces (EAFs) at its Ghent site that will drive down its carbon emissions, it said.

Serious global port congestion unlikely to ease in 2021 - Maersk

Serious congestion at ports across the world is unlikely to ease in the immediate future, shipping line Maersk said in a market update.

US PIG IRON: Market stable amid lack of trading activity

The import pig iron market in the United States was stable in the week to Friday September 24 because of a lack of trading activity, sources told Fastmarkets.

South Brazil pig iron export market softens, demand dries up everywhere but China

The market for pig iron exports from the south of Brazil has softened because demand has been reported only in China in the week to Friday September 24.

CIS PIG IRON: Export Black Sea market up on higher sales to Italy

Export pig iron market from the Commonwealth of Independent States with shipment from Black Sea ports improved during the week to Thursday September 23 on higher sales to Italy.

CHINA PIG IRON: Market rebounds amid pre-winter rush for stock

Chinese buyers continued to buy pig iron imports at increasingly high prices over the past fortnight, market sources told Fastmarkets on Thursday September 23.

Brazil's pig iron export market firm on long lead times

Brazil’s pig iron export market was firm over the week to Friday September 17, with long lead times after active selling to the United States and China through the first half of September, sources told Fastmarkets.

US PIG IRON: Trading activity slows in a firm market

Trading activity in the import pig iron market in the United States slowed in the week ended Friday September 17, while the market remains firm, sources told Fastmarkets.

CIS PIG IRON: Market sentiment improves on full order books

Sentiment in the export pig iron market in the Commonwealth of Independent States improved during the week to Thursday September 16, with higher prices expected after suppliers sold large tonnages in late August and early September.