pig iron

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Brazilian pig iron prices rose slightly in April

Recovery in US demand led to moderate price increases

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Global pig iron production in March amounted to 120.8 million tons

The blast furnace method produced 110.2 million tons, and the direct reduction method produced 10.6 million tons

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Ukraine increased rolled steel production by 3.4% y/y in Q1

Pig iron output grew by 7.2% y/y and steel output by 2.7% y/y

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Ukraine exported record volumes of pig iron since March 2021

Import growth was boosted by uncertainty over Trump's trade policy

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EU imported almost 500 thousand tons of pig iron from Russia in January

European importers used almost 70% of the annual quota for imports of pig iron from Russia

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Conditions for Ukrainian pig iron in the US are better than in Europe, – Metinvest

The reason for this situation is dumping of pig iron exports to the European market from Russia

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Global pig iron prices rose by the end of March

Growth of domestic steel production and reduction of exports contributed to price increases in key markets

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Global pig iron production in February amounted to 113.2 million tons

Production volumes fell by 1.8% y/y and increased by 0.8% m/m

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Ukraine’s pig iron exports fell to a 26-month low in February

Shipments decreased to 24.3 thousand tons due to the lack of supplies to the US

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Global pig iron production in January amounted to 112.3 million tons

Productions increased by 0.1% y/y and decreased by 2.2% m/m

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Ukraine reduced pig iron exports by 9.6% y/y in January

The key export destination is the United States. A small portion was exported to the EU

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Global pig iron production in 2024 decreased by 1.3% y/y

The blast furnace method produced 1.26 billion tons of pig iron in the year, and the direct reduction method produced 125.57 million tons

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