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black sea pig iron prices dip on bearish iron ore scrap


  • 2021 PREVIEW: Will US, China continue to compete for pig iron?

    Fastmarkets examines market expectations about whether competition for pig iron between the two largest consumers – the US and China – will continue in 2021 or not. "Both the US and China will continue demanding [pig iron] in 2021 but it needs to be seen if China can follow the prices," one large international traders in the pig iron ...

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  • Analysis: Ferrous scrap prices weaken to iron ore as …

    Ferrous scrap has decoupled from stronger iron ore prices so far in 2021, as low coking coal costs and strong steel demand in China and elsewhere support iron …

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  • Steel scrap price supporting iron ore demand for DRI

    Scrap delivered to Turkey has been rangebound around $270-280/mt CFR for a month since recovering from a steep, but short-lived, correction to $252/mt CFR in early February. Scrap prices hit $300/mt CFR Turkey at year-end, which had increased the competiveness of iron ore and DRI based steel production. Direct reduction iron (DRI) …

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  • Pig Iron Analyses and Pig Iron Scrap & Raw Materials …

    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. …

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  • Pig Iron / Black Sea FOB USD/t

    10/03/2022 Pig iron prices surge on panic buying; 28/02/2022 Sharp CIS pig iron trade drop lifts prices; 11/02/2022 Pig iron trade stays hot, despite US/China absence; 04/02/2022 Merchant pig iron prices continue to notch up; 28/01/2022 Merchant pig iron prices refuse to soften; 17/01/2022 Merchant pig iron bottoms on low supply, sales

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  • Miller on raw materials: A pig iron market update

    Share on LinkedIn. The pig iron market has risen in recent months from the high $390s per metric ton (mt) last fall to $490/mt for Brazilian material and a bit more for Ukrainian product – for an overall average of $495/mt CFR. This has coincided with the rise of the US scrap market during that period.

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  • Analysis: Ferrous scrap prices weaken to iron ore as …

    The ratio averaged 2.56 in January-April compared with 2.67 in 2020 and 3.11 in 2019, when scrap prices were relatively higher to iron ore. Scrap prices for imports into Turkey, as well as for US shredded scrap, followed sharply different dynamics in regional steel markets over the first few months of the year.

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  • Current Scrap Scrap Iron Price USD/TON in USA

    Up-to-date information on the price USD/TON of scrap Scrap Iron. Skip to content. Add company; Contact us; Advertise; Scrap Metal Yard; Scrap Metal Prices; Scrap Metal Laws & Rules; Menu. Add company. Search for: #1 Bare Bright Copper Wire. $3.08/lb. Average for 30 days #1 Copper Tubing. $2.88/lb. Average for 30 days.

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  • black sea pig iron prices dip on bearish iron ore scrap

    2022 1 10 Black Sea Pig Iron Prices Dip On Bearish Iron Ore Scrap. offset slight increases in freight rates. the mbrs steel raw materials index fell 0.28 weekonweek from declines in iron ore and asian import scrap prices source metal bulletin research 2006100 75 100 125 150 75 100 125 150 175 200 225 black sea a3 export fob tonne 430 430 0.

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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 lowerthis week, with Platts' assessment sliding $5 from last week to $382/mt FOB.

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  • Black Sea pig iron prices dip on bearish iron ore/scrap …

    Black and Azov sea pig iron prices have taken a slight dip on the back of the bearish sentiment in the iron ore and scrap markets and the risks created by the unsettled situation eastern Ukraine, market watchers said Friday. S&P Global Commodity Insights. S&P Global; S&P Dow Jones Indices;

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  • Current Scrap Price of Scrap Iron

    Check 30-day price chart for Scrap Iron and learn when to hold or sell your scrap metal. Price available for United States & Canada. Current Scrap Metal Prices; Scrap Metal Scrap Price Updated Price Date; Copper National Average: $3.26/lb: Updated 03/31/2024: Steel National Average: $212.14/ton: Updated 03/31/2024:

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  • Pig iron News, Prices & Expert Analysis | Metal Bulletin

    Singapore Jan 18, 2024 @ 11:21. More news. Global Pig iron news, Pig iron prices and expert analysis.

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  • U.S. annual iron and steel scrap prices 2023 | Statista

    Get in touch with us now., Feb 8, 2024. Iron and steel scrap prices in the United State stood at around 313 U.S. dollars per metric ton in 2023. The majority of domestic steel industry scrap ...

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  • Ex-Black Sea BPI prices unchanged as both supply and …

    Prices for ex-Black Sea basic pig iron (BPI) have remained stable this week with a lack of activity seen in the market and lower demand in the Far East, which had …

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  • 2020 PREVIEW: Five factors the CIS pig iron export market will face

    In the fourth quarter of 2019, when China was actively purchasing pig iron, the average of the index for iron ore 62% Fe fines, cfr Qingdao, was $88.97 per tonne. This figure was down from $102.03 per tonne in the third quarter, the highest level for five years, but was still well above the annual average for 2018, which was $69.70 per tonne.

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  • This week: The threat of sanctions impacts Black Sea pig …

    no price indications were provided. 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 prices for the US market, which could eventually impact prices of pig iron in Brazil. Brazilian PI was quoted at around

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  • This week: The threat of sanctions impacts Black Sea pig …

    Black Sea pig iron trade The rise in scrap, iron ore and hot rolled coil prices amid a notable demand absence from end-users, specifically in the EU and Turkey, has …

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  • Pig iron fob Ukraine Black Sea prices | Pig iron Prices, …

    All price categories. Prices & data - Pig iron. Pig iron fob Ukraine Black Sea prices USD/mt.

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  • Current Scrap Metal Price USD/LB in the United States

    Get updated on the current scrap metal prices in the USA, including ferrous metals such as steel and iron, as well as non-ferrous metals like stainless steel, aluminum, copper, brass, bronze, lead, and zinc. ... Scrap Prices for Iron and Cast Iron. Metal Min Price Max Price; Light Iron: $151.61/ton: $169.51/ton: Machine Shop Turning/Iron ...

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  • Black Sea pig iron prices lower over week

    Platts weekly Black Sea pig iron price assessment stood on Friday at $255-$265/mt FOB Black Sea, indicating the mid-point of $260/mt, $15/mt down on week. Turkish steelmakers were said to be particular bearish on pig iron prices on the back of strong pressure on the finished steel prices and anticipated corrections in scrap settlements.

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  • Black Sea pig iron prices move sideways

    Black Sea pig iron activity remains quiet, with demand in major consuming markets still weak amid softening scrap prices, market participants inform Kallanish.

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  • CRU: US Pig Iron Prices Diverge From Prime Scrap Tags

    However, prices have found stability despite declines in prices of prime grades of scrap. In the CIS, pig iron prices increased $39 per metric ton to $355 per …

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  • CIS Steel Prices, News and Analysis | SteelOrbis

    SteelOrbis is the primary information source preferred by thousands of firms for its up-to-date CIS steel prices, CIS market analyses and forecasters, as it closely follows the CIS pig iron, slab, hot rolled coil and billet markets. Used as a reference by key market players and accepted as the best in its field, the SteelOrbis CIS Steel Prices ...

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  • Current Scrap Metal Prices in US & Canada

    Scrap Metal Laws. Find your state laws and get information you need to avoid problems when scrapping your materials. Current Scrap Metal Prices in the United States & Canada as of March 31, 2024. Check 30-day averages & charts for metal market movements.

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  • US, Black Sea pig iron prices slide on few bookings

    Register Now. A US minimill booked two cargoes of pig iron this week, one from a Russian producer, another from a north Brazilian producer, at $415/mt CIF, achieving prices the mill had sought last week only to be rebuffed with offers in the $420-430/mt CIF range. The US mill was able to achieve its desired price amid low buying interest and ...

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  • Miller on scrap: Pig iron market takes off

    The prices for all grades of pig iron have dramatically risen since SMU's last report from Nov. 18. During this period, there has been renewed interest in pig iron by US-based electric-arc furnace (EAF) mills. Over the last three weeks, the price of basic pig iron produced in Brazil has risen from $415 per metric ton (mt) to $440/mt FOB Brazil.

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  • Black Sea pig iron prices dip on bearish iron ore/scrap …

    Black and Azov sea pig iron prices have taken a slight dip on the back of the bearish sentiment in the iron ore and scrap markets and the risks created by the unsettled situation eastern Ukraine, market watchers said Friday.

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  • Skyrocketing coking coal supports Black Sea merchant pig iron

    Relatively well supported pig iron prices and low scrap prices have led to a significant widening of the spread between the two steel inputs, giving pig iron a growing premium to scrap. Over the last few weeks the spread between the adjusted CFR Turkey pig iron assessment and CFR Turkey scrap assessment kept in the range $25-$32/mt, …

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  • Miller: Pig Iron Market Update

    CRU: Scrap prices hit by weak demand offsetting tight supply. The CRUmpi declined by 1.7% month over month (m/m) to 325.2 in February, compared to a 4.3% m/m increase in February 2023. Feb. 16, 2024. The importation of basic pig iron has allowed EAF steelmakers to implement thin-slab casting technology to make drawing-quality flat …

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