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pig iron - Latest news GMK Center

Photo – A tendency of lower prices on the global pig iron market
A tendency of lower prices on the global pig iron market

Buyers put pressure on suppliers to make the most favorable deals

Photo – USA imported 119.6 thousand tons of pig iron from Ukraine in July
USA imported 119.6 thousand tons of pig iron from Ukraine in July

In January-July, American steelmakers imported 748.4 thousand tons of pig iron from Ukraine

Photo – Global pig iron production in January-August increased by 2.2% y/y
Global pig iron production in January-August increased by 2.2% y/y

In August, global pig iron production increased by 4.4% y/y, but decreased by 2.3% m/m

Photo – European Union imported 140.2 thousand tons of pig iron from Ukraine вuring January-July
European Union imported 140.2 thousand tons of pig iron from Ukraine вuring January-July

In July, deliveries of Ukrainian products to the EU amounted to 11.3 thousand tons

Photo – Ukraine could lose up to 50% of pig iron output due to CBAM
Ukraine could lose up to 50% of pig iron output due to CBAM

Total annual export losses could reach $1.4 bln till 2030

Photo – Ukraine in August reduced the export of pig iron to a minimum since April 2022
Ukraine in August reduced the export of pig iron to a minimum since April 2022

Ukrainian steel companies shipped 27.8 thousand tons of pig iron to foreign consumers per month

Photo – Ukrainian steelmakers produced 506,000 tons of rolled steel
Ukrainian steelmakers produced 506,000 tons of rolled steel

Steel production for the month reached 602,000 tons, and pig iron – 534,000 tons

Photo – Zaporizhstal produced 200.4 thousand tons of rolled steel in August
Zaporizhstal produced 200.4 thousand tons of rolled steel in August

The volume of pig iron production for the month amounted to 257.9 thousand tons, and steel – 239.7 thousand tons

Photo – Italy accounted for more than 50% of Russian pig iron exports in January-July
Italy accounted for more than 50% of Russian pig iron exports in January-July

Italian metallurgists imported 3.8 million tons of pig iron from Russia in 7 months. Another 1.2 million tons of products were delivered to Turkey

Photo – USA increased imports of pig iron from Ukraine by 2.1 times y/y in the first half of the year
USA increased imports of pig iron from Ukraine by 2.1 times y/y in the first half of the year

For 6 months, 628.84 thousand tons of Ukrainian pig iron were shipped to American consumers

Photo – Global pig iron production increased by 1.9% y/y in January-July
Global pig iron production increased by 1.9% y/y in January-July

In July, global pig iron output increased by 6.8% y/y and 1.7% m/m

Photo – Ukrainian steelmakers reduced pig iron exports by 37% m/m in July
Ukrainian steelmakers reduced pig iron exports by 37% m/m in July

Over the month, Ukrainian metallurgical companies shipped 106.7 thousand tons of pig iron to foreign consumers

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