Week in review and the foggy look ahead
Economic indicators suggest we continue to err on the side of caution.
Tag: Pig iron
Optimism and speculation surround the August market
The settlements for the August ferrous scrap market are upon us and there is speculation the market has reached the bottom.
Brazilian pig iron swings in April as U.S. seeks imports
Pig iron produced in Brazil had been on an upswing in early April, after a decrease in March.
Final Thoughts: Which way will the wind blow in April
Soft-to-strong sideways headed into April?
Miller on scrap: Market deals with ferrous scrap dive
Will prices continue downward in April? Where is the pig iron market heading? How are the steel mills operating?
Brazilian pig iron prices rise as US buyers face limited supply options
Prices for pig iron in Brazil have increased despite efforts by U.S.-based buyers to lower them. It has been confirmed that a U.S. buyer has purchased a 55,000 MT cargo, presumably for May shipment, at $430/MT FOB South Brazil.
Final Thoughts: scrap community copes with large drop
Insights, Skepticism, and predictions from industry insiders.