Pig Iron Analyses

SteelOrbis provides the latest scrap & raw materials prices and price trends via the scrap & raw materials price reports and market analyses listed below. These scrap & raw materials price reports are derived from actual scrap & raw materials market transactions and they can also be viewed on a weekly basis by using the archive drop-down tool below.

 
Start Date
End Date



Global BPI market nearly halted as buyers seek discounts, minimal ex-Black Sea trade

Ex-Black Sea BPI prices up, no support for mills’ high targets after tax imposed in Russia

More deals for ex-Brazil BPI, market fails to fall below $400/mt FOB

Ex-Brazil BPI settles at $400/mt FOB in new deals, but negative mood persists for next sales

Global BPI market remains bearish despite export tax introduction in Russia

Local pig iron prices in China - week 38, 2023

Global BPI market resumes decline due to bearish US, insufficient demand for ex-Black Sea sellers

Ex-Brazil BPI suppliers resume sales, fail to achieve targeted levels

Ex-Black Sea BPI suppliers bullish, but tradable prices unable to rise further

Ex-Russia BPI indicates further slight rise amid expected sustained Asian demand

Trading in global BPI market slows as buyers not ready to accept sellers’ higher targets

Ex-Russia BPI fails to move up further due to surging freights, despite reduced supply

Import BPI prices in US stabilize at level of previous deals, buyers keep ruling the market

Uptrend difficult in ex-Brazil BPI market as US buyers accept only limited hikes

Ex-Brazil suppliers attempt to increase BPI prices to US by $10-15/mt

Activity in ex- Black Sea BPI market increases, suppliers more confident in price rebound

Mood starts to improve in Turkish BPI market amid scrap price rise, low availability

Global BPI suppliers try to raise prices in line with scrap, no success yet

Ex-Brazil BPI deal prices stable, but suppliers hope for rise in next round

Ex-Black Sea BPI prices unchanged as both supply and demand dry up

Ex-Black Sea BPI prices retreat further despite lower allocation, Asia still in focus in terms of demand  

Ex-Brazil BPI deal to US proves market hovering near previous levels

Ex-Brazil BPI prices stabilize in another deal to US amid reduced supply

Local pig iron prices in China - week 29, 2023

Ex-Russia BPI prices remain low, some demand seen only in Far East  

Ex-Brazil BPI prices fall again in new deal to US as mood remains poor

Local pig iron prices in China - week 28, 2023

Buyers’ price ideas in global BPI market retreat more, trading slows further

Import BPI prices in Turkey hit new low, but buyers still cautious

Ex-Black Sea BPI prices soften with lower-prices deals to India, further mood worsening in Europe

Ex-Brazil BPI prices stabilize in latest sales to US, chances for rebound uncertain

Ex-Russia BPI sales to India and Europe confirm prices at lower level

BPI prices fall unexpectedly as new round of sales from Brazil to US starts

Global BPI market stuck as customers expect further price cut, mood in Europe worsens

New ex-Brazil BPI deals in US show sharp price fall to far below $500/mt CFR

Ex-Russia BPI sellers resist declines, but some demand seen only in Asia so far  

Ex-Brazil BPI prices down slightly amid weak mood, despite relatively high ex-Ukraine sales to US

Global BPI prices relatively stable, but sentiment still pessimistic

Ex-Brazil BPI prices stabilize with one more deal rumoured, outlook cloudy

Ex-Russia BPI deal to UAE signed at low price, signals limited options for sanctioned mills

Ex-Brazil BPI prices finally settle at lower level amid new deals to US


Disclaimer: Although the data in this publication have been taken from reliable sources, their integrity, accuracy and stability/constancy cannot be guaranteed. The data in this publication are not comprised of data gathered from transactions carried within the SteelOrbis system. Reports shall in no way be taken as a proposal for selling and buying. SteelOrbis assumes no responsibility from losses caused by using these data in commercial transactions. Please contact the Customer Relations Department for further questions.