pig iron - Latest news GMK Center

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

Due to sanctions, the EU cast iron market is becoming more diversified, with alternative suppliers gaining ground

Due to the rainy season, the tight supply of cast iron in Brazil may persist until May