PIG IRON MARKET

摘要

CIS suppliers will seek to raise exports, so the aggregate share of Russia and Ukraine in global pig iron exports will exceed 50%. Demand for import pig iron will be firm in the USA as steel production in the country will keep on growing due to import duties imposed on steel products. In 2019, exports from Russia will decline on lower shipments from Tulachermet on the back of rising in-house consumption. Given an expected increase in global scrap prices, average annual price for CIS pig iron in 2018 is expected at $390/t FOB Black Sea (up?8% y-o-y).