Scrap, pig iron decline hits DRI competitiveness as pellet …

A fall in ferrous scrap and pig iron prices in June hit the competitiveness of direct reduced iron producers, who faced higher contract premiums in negotiations with iron ore …

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CRU: US Pig Iron Prices Diverge From Prime Scrap …

In the CIS, pig iron prices increased $39 per metric ton to $355 per ton FOB Black Sea. Local mills continue to favor crude steel production, causing merchant pig iron output and export volumes to decline in July and …

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Pig Iron Prices at Black Sea Ports Fall to Their Lowest Level …

Recent market data indicates that pig iron prices at Black Sea ports have dropped to the lowest levels recorded since 2020. This significant decline is attributed to a combination …

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Pig iron prices in Black Sea ports fell by 3.7% in July

Pig iron prices in Black Sea ports for the period from July 5 to August 2, 2024, decreased by 3.7% – to $395-405/t FOB. In July, raw material prices were mostly stable, and …

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Platts Steel Alert

Asia Stainless Prices Weekly Commentary STL1007 Chinese Steel Assessments STL1215 ... Iron Ore IOPEX 62% FE North China Assessments STL0120 ... Pig Iron Global Pig Iron Weekly …

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News

Black Sea pig iron prices dip on bearish iron ore/scrap markets, Ukraine unrest. Tue, 24 Jun 2014 01:59:00 GMT Black and Azov sea pig iron prices have taken a slight dip on the back of the …

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The threat of sanctions impacts Black Sea pig iron trade

As a result, Russian pig iron prices were assessed at $350-375/t fob Black Sea, widening from $360-370/t fob last week. There have been reports of significant increases in Brazilian slab …

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Pig Iron / Black Sea FOB USD/t

13/03/2024 Russian pig iron exporters retreat, await improved prices; 07/03/2024 Russian pig iron remains under pressure from scrap; 28/02/2024 Russian iron producers avoid offering amid …

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Black Sea pig iron export prices follow scrap, ore lower

Black Sea basic pig iron export prices followed scrap and iron ore lower this week, with Platts assessment sliding 5 from last week to 382/mt FOB. Explorar S&P Global S&P …

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Ex-Russia BPI prices fall further amid weak scrap prices, rise in …

Prices for basic pig iron (BPI) from Russia have kept going down over the past week as the weak Turkish scrap market and falling bids from the main buyers have been …

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Black Sea pig iron prices drop to lowest level since 2020

Pig iron prices in Black Sea ports have dropped to $330/t in early 2025, marking their lowest level since August 2020. The decline, which started in December 2024, …

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Pig iron: Market largely silent – Argus Metals

In the US, a buyer-seller standoff over who should pay US tariffs persisted, pressuring wider market sentiment, while the Black Sea market stalled amid price falls in the …

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Black Sea pig iron prices drop to lowest level since 2020

325.00 USD Shipbreaking Scrap Shipbreaking Scrap. 4,045.33 TRY Gold (gr) Gold (gr). CATEGORIES . CATEGORIES; Latest News Iron and Steel Markets

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Pig Iron Rates: Daily Price Update in Grades

The price and availability of raw materials, particularly coke and iron ore, have a significant impact on pig iron rates. The fluctuations observed in these prices can be attributed …

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Scrap Iron Scrap Price Today – Updated Rates & Trends [June 8, …

See today's Scrap Iron scrap price as of June 8, 2025. Check the latest rates, market trends, and 30-day price history. Find local scrap yards paying top dollar. Top Prices; …

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Pig iron: Market subdued, sentiment weaker – Argus Metals

Seaborne basic pig iron (BPI) prices held broadly steady over the past week, as trading activity remained subdued amid a disconnect between buyers and sellers, stemming …

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Local pig iron prices in China

Product Price Price change Sales term L08-10 steelmaking pig iron (Shanghai) RMB 4,350/mt ($679/mt) - (+$3/mt) Ex-works The local Chinese market ... English Türkçe

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Pig iron prices in Black Sea ports fall to their lowest since 2020

Pig iron prices in the Black Sea ports fell to their lowest level since August 2020 in early 2025, reaching $330/t as of February 14. A corresponding decline in the Black Sea market has been …

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pig iron prices

Scrap; Iron Ore; Billet; Slab; Wire Rod; Wire Mesh; Steel Profiles; Angle; Steel Sheet; Pipe; Coal; ... Black Sea pig iron prices drop to lowest level since 2020 ... Russian pig iron prices fell in …

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India demand drives Black Sea pig iron prices

Pig iron from Ural Steel was on offer at $380/t fob, and from Severstal at $370/t fob Black Sea equivalent, with the latter producer normally shipping from the Baltic Sea. In the Baltic Sea, the …

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Sanction concerns pause Black Sea pig iron trade

Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of …

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Russia's pig iron market woes: Kallanish report

Pig iron prices in Black Sea ports for the period from July 5 to August 2, 2024, decreased by 3.7% – to $395-405/t FOB. In July, raw material prices were mostly stable, and the main adjustments ...

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Pig iron fob Ukraine Black Sea prices | Pig iron Prices, charts, and

Pig iron fob Ukraine Black Sea prices USD/mt. Argus brings transparency to the global metal markets through its independent price assessments and unbiased reporting. ... Argus Scrap …

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Pig iron prices in Black Sea ports fall to their lowest …

Pig iron prices in the Black Sea ports fell to their lowest level since August 2020 in early 2025, reaching $330/t as of February 14. A corresponding decline in the Black Sea market has been observed since early December …

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Ex-CIS pig iron offers in the US expect slight dip

According to sources, ex-CIS basic steelmaking pig iron deals in the US were concluded in late January at around $390-395/mt CFR US port, which ...

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Global pig iron prices recovered after a fall — GMK Center

There is no recovery in the Indian pig iron market. During February, prices remained stable at $362/t, FOB East Coast. The local maximum was held in the first half of December at …

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Black Sea PI export offers rise on scrap | SEAISI

According to one producer, current export prices are estimated to be $20-30/t below breakeven cost, with the export duty alone accounting for around $20/t. Material from the …

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A tendency of lower prices on the global pig iron market

Pig iron prices in ports of Black Sea (Black sea export) for the period September 22-29, 2023, as Kallanish data evidenced, remained unchanged compared to the previous week …

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Global steel, raw material prices dip in Jan'25. Will bearish trends

Iron ore prices fall as mills complete winter restocking: Iron ore prices declined in January, as (1) mills finalised winter restocking ahead of the Lunar New Year, (2) low hot metal …

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