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pig iron - Latest news GMK Center

Photo – Global pig iron production increased by 1.1% y/y in January-June
Global pig iron production increased by 1.1% y/y in January-June

In June, global pig iron production increased by 0.7% y/y and decreased by 2.7% m/m

Photo – What is happening in the global pig iron market
What is happening in the global pig iron market

The reduction in the supply of pig iron by Ukraine and Russia led to a global drop in exports by 21% in 2022

Photo – USA increased pig iron import from Ukraine by 60.8% y/y in January-April
USA increased pig iron import from Ukraine by 60.8% y/y in January-April

In four months, 419.6 thousand tons of Ukrainian pig iron were shipped to American consumers

Photo – Global pig iron production increased by 1.2% y/y in January-May
Global pig iron production increased by 1.2% y/y in January-May

In May, global pig iron production decreased by 3% y/y and increased by 1.4% m/m

Photo – Ukrainian steelmakers reduced the production of rolled products by 3.5% m/m in May
Ukrainian steelmakers reduced the production of rolled products by 3.5% m/m in May

Steel production for the month increased by 1.6% m/m, and pig iron – by 10.8% m/m

Photo – Ukrainian steelmakers increased the export of pig iron by 14.4% m/m in May
Ukrainian steelmakers increased the export of pig iron by 14.4% m/m in May

During the month, Ukrainian steel companies shipped 96.51 thousand tons of pig iron to foreign consumers

Photo – Zaporizhstal increased production of rolled products by 45.9% y/y in May
Zaporizhstal increased production of rolled products by 45.9% y/y in May

The volume of pig iron production increased by 46.7% y/y over the month, and steel – by 62% y/y

Photo – Turkiye increased imports of pig iron from Ukraine by 13.7% y/y in March
Turkiye increased imports of pig iron from Ukraine by 13.7% y/y in March

In January-March 2023, Turkish steelmakers reduced the import of Ukrainian pig iron by 1.8% y/y

Photo – Global production of pig iron in January-April increased by 2.3% y/y
Global production of pig iron in January-April increased by 2.3% y/y

In April, global pig iron production increased by 0.3% y/y and 1.8% m/m

Photo – The European Union reduced imports of pig iron from Ukraine by 27.3% y/y in the first quarter
The European Union reduced imports of pig iron from Ukraine by 27.3% y/y in the first quarter

In March 2023, supplies of Ukrainian pig iron to EU countries have increased 4 times

Photo – Ukrainian steelmakers reduced the export of pig iron by 38.6% m/m in April
Ukrainian steelmakers reduced the export of pig iron by 38.6% m/m in April

Ukrainian steel companies shipped 84.33 thousand tons of pig iron to foreign consumers per month

Photo – Resilience lessons: How iron & steel industry of Ukraine cope with logistic challenges
Resilience lessons: How iron & steel industry of Ukraine cope with logistic challenges

Ukrainian pig iron returned to the US market and rolled products are sold around the world

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