pig iron - Latest news GMK Center

Last month, cast iron prices on a Black Sea FOB basis fell due to a drop in scrap metal prices and low demand

China’s figure fell by 3.1% over the period

The United States accounted for the bulk of consumption of Ukrainian products

Prices in most regional markets remained stable over the same period

Prices for pig iron in the Black Sea region rose by $8 per ton last month

China saw a 3.1% y/y decline

The United States accounted for the bulk of Ukrainian product consumption

The unexpected shutdown of Zaporizhstal's production facilities was a factor in the April decline

At the same time, production of finished rolled steel rose by 8% in January–March

Prices for Brazilian cast iron rose amid steady demand from the U.S. and the EU

China saw a 2.9% y/y decline

The United States accounted for the bulk of Ukrainian product consumption