pig iron - Latest news GMK Center

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

China saw a 2.7% y/y decline

The shortage of pig iron in Brazil is expected to continue through May

The EU and the US accounted for the bulk of Ukrainian product consumption

The rise in pig iron prices in Europe is being driven by the full launch of the CBAM in 2026

China reduced the indicator by 10.9% y/y

The EU and the US accounted for the bulk of Ukrainian product consumption

The full launch of CBAM in 2026 will contribute to the growth of quotations in Europe

In December, pig iron production amounted to 107.7 million tons

The EU and the US accounted for the bulk of Ukrainian product consumption

Pig iron production increased by 11.2% year-on-year over the past year, while steel production decreased by 2.2% year-on-year