pig iron export import prices brazil russia ukraine turkey

Pig Iron Prices.

Steelmaking input costs - historic price trends

Pig iron export & import prices, $ / metric tonne

Year	Month	Brazil exports	Russia exports	Ukraine exports	Turkey imports
2010	1	334	235	266	327
2010	2	338	261	260	391
2010	3	390	288	319	392
2010	4	417	345	360	432
2010	5	407	391	459	523
2010	6	483	399	460	502
2010	7	476	414	435	480
2010	8	463	402	406	470
2010	9	455	415	402	460
2010	10	455	393	403	467
2010	11	425	466	390	455
2010	12	421	405	389	454
2011	1	438	394	424	499
2011	2	446	424	443	515
2011	3	482	462	464	536
2011	4	503	473	461	548
2011	5	519	465	469	544
2011	6	519	491	479	543
2011	7	492	491	483	555
2011	8	538	510	479	539
2011	9	530	493	481	537
2011	10	502	529	472	548
2011	11	512	494	451	520
2011	12	450	455	413	483
2012	1	442	443	411	468
2012	2	449	434	401	480
2012	3	474	435	402	492
2012	4	469	428	428	478
2012	5	484	453	423	495
2012	6	474	447	438	494
2012	7	481	442	411	455
2012	8	446	419	375	451
2012	9	427	402	360	444
2012	10	420	374	360	405
2012	11	402	408	350	385
2012	12	385	366	332	383
2013	1	387	370	343	397
2013	2	389	384	350	416
2013	3	401	373	364	422
2013	4	412	379	371	437
2013	5	414	397	372	431
2013	6	413	387	372	444
2013	7	405	405	356	453
2013	8	384	393	354	413
2013	9	398	387	365	442
2013	10	394	401	376	592
2013	11	387	395	368	413
2013	12	394	382	371	410
2014	1	397	396	373	430
2014	2	405	384	376	423
2014	3	397	386	375	441
2014	4	401	402	361	422
2014	5	426	396	356	419
2014	6	397	385	368	427
2014	7	404	407	365	434
2014	8	415	392	360	417
2014	9	390	379	372	427
2014	10	403	393	360	441
2014	11	388	385	365	441
2014	12	384	381	334	446
2015	1	389	365	320	390
2015	2	342	351	306	414
2015	3	338	313	280	340
2015	4	291	288	238	330
2015	5	278	283	247	325
2015	6	259	258	252	299
2015	7	279	253	252	316
2015	8	264	273	243	301
2015	9	280	233	228	295
2015	10	246	255	209	265
2015	11	222	201	184	213
2015	12	181	174	169	204
2016	1	252	203	167	215
2016	2	214	199	164	209
2016	3	198	182	175	211
2016	4	212	195	184	237
2016	5	212	202	227	247
2016	6	225	224	229	278
2016	7	261	248	246	259
2016	8	272	273	230	271
2016	9	261	241	226	261
2016	10	266	257	229	272
2016	11	255	245	227	264
2016	12	249	271	259	293
2017	1	276	316	284	305
2017	2	296	303	293	322
2017	3	313	316	280	328
2017	4	307	339	305	358
2017	5	319	346	331	378
2017	6	349	365	333	357
2017	7	359	369	324	350
2017	8	364	359	315	365
2017	9	349	345	319	373
2017	10	353	356	333	375
2017	11	353	365	325	364
2017	12	366	316	324	370
2018	1	357	379	325	380
2018	2	381	352	329	370
2018	3	370	334	341	377
2018	4	381	387	330	376
2018	5	387	399	350	406
2018	6	396	377	371	396
2018	7	433	370	368	408
2018	8	415	399	373	407
2018	9	391	394	363	412
2018	10	421	392	358	394
2018	11	410	382	349	393
2018	12	381	364	342	391
2019	1	382	365	344	379
2019	2	383	356	314	359
2019	3	345	345	313	363
2019	4	342	351	331	360
2019	5	369	346	326	358
2019	6	370	341	321	364
2019	7	332	337	316	374
2019	8	355	324	315	385
2019	9	328	335	319	380
2019	10	316	336	307	350
2019	11	313	320	270	334
2019	12	279	296	274	322
2020	1	291	304	305	324
2020	2	297	323	296	332
2020	3	314	302	296	296
2020	4	300	309	292	341
2020	5	311	310	272	308
2020	6	303	304	264	303
2020	7	285	322	269	309
2020	8	276	306	283	322
2020	9	292	301	300	338
2020	10	324	273	266	352
2020	11	322	312	329	351
2020	12	324	322	347	420
2021	1	353	351	401	413
2021	2	429	368	403	515
2021	3	441	379	504	489
2021	4	489	440	508	529
2021	5	508	485	528	563
2021	6	520	478	537	587
2021	7	539	573	590	631
2021	8	576	654	575	621
2021	9	625	629	516	611
2021	10	538	618	498	580
2021	11	522	555	474	587
2021	12	520	528	460	580
2022	1	789	532	481	587
2022	2	522	n/a	n/a	570
2022	3	541	n/a	n/a	630
2022	4	596	n/a	n/a	645
2022	5	598	n/a	n/a	n/a

Table last updated: 25th June 2022. Next update: ~ 25th July 2022.

Notes and definitions

Figures above are average monthly fob export [not spot prices] for pig iron shipped from Brazil, Russia or Ukraine; or cif import prices for pig iron imported into Turkey. All prices are expressed in USD per metric tonne.

Pig iron data is for harmonised system code #720110 which is defined as haematite pig / cast iron with phosphorus content of 0.5% by weight or less.

Note that latest price points (the last two months in particular) for each country may change, as additional customs data becomes available.

In recent years the world's largest exporters of pig iron have included Russia, Ukraine and Brazil. The world's largest importer is presently the United States of America.

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Pig Iron Prices.

Steelmaking input costs - historic price trends