Issue 10, 2024 - This week's editorial: Pig iron remains under pressure from scrap

Russian pig iron export prices remained under pressure due to falling scrap prices, leading to subdued demand as foreign customers wait for prices to bottom out.

In certain markets, notably Italy, where pig iron market saturation levels …

Issue 09, 2024 - This week's editorial: Indian HRC export prices remain higher than other Asian competitors

Since March last year Indian export HRC prices have been the most expensive among Asian exporting countries. This is mainly due to the strong domestic demand that continues to be registered in the country. …

Issue 08, 2024 - This week's editorial: Black Sea billet prices under pressure, scrap looks down

China's weakening pricing situation after the Lunar New Year, combined with March-production availability from Russian producers amid stagnant activity in foreign markets, is exerting pressure on Russian billet prices.

At the same time, the cost …

Issue 07, 2024 - This week's editorial: Analysts maintain 2024 iron ore forecast stability, confirm long- term downtrend

BMI Research has maintained its 2024 iron ore price forecast at an annual average of $120/ tonne, as price resilience continues from positive sentiment over Chinese stimulus hopes.According to Kallanish price series, the …