Pig iron prices - Brazil, CIS.
Pig Iron Prices.
Steelmaking input costs - historic price trends
Pig iron export & import prices, $ / tonne
| Year | Month | Brazil exports | Russia exports |
| 2010 | 1 | 334 | 235 |
| 2010 | 2 | 338 | 261 |
| 2010 | 3 | 390 | 288 |
| 2010 | 4 | 417 | 345 |
| 2010 | 5 | 407 | 391 |
| 2010 | 6 | 483 | 399 |
| 2010 | 7 | 476 | 414 |
| 2010 | 8 | 463 | 402 |
| 2010 | 9 | 455 | 415 |
| 2010 | 10 | 455 | 393 |
| 2010 | 11 | 425 | 466 |
| 2010 | 12 | 421 | 405 |
| 2011 | 1 | 438 | 394 |
| 2011 | 2 | 446 | 424 |
| 2011 | 3 | 482 | 462 |
| 2011 | 4 | 503 | 473 |
| 2011 | 5 | 519 | 465 |
| 2011 | 6 | 519 | 491 |
| 2011 | 7 | 492 | 491 |
| 2011 | 8 | 538 | 510 |
| 2011 | 9 | 530 | 493 |
| 2011 | 10 | 502 | 529 |
| 2011 | 11 | 512 | 494 |
| 2011 | 12 | 450 | 455 |
| 2012 | 1 | 442 | 443 |
| 2012 | 2 | 449 | 434 |
| 2012 | 3 | 474 | 435 |
| 2012 | 4 | 469 | 428 |
| 2012 | 5 | 484 | 453 |
| 2012 | 6 | 474 | 447 |
| 2012 | 7 | 481 | 442 |
| 2012 | 8 | 446 | 419 |
| 2012 | 9 | 427 | 402 |
| 2012 | 10 | 420 | 374 |
| 2012 | 11 | 402 | 408 |
| 2012 | 12 | 385 | 366 |
| 2013 | 1 | 387 | 370 |
| 2013 | 2 | 389 | 384 |
| 2013 | 3 | 401 | 373 |
| 2013 | 4 | 412 | 379 |
| 2013 | 5 | 414 | 397 |
| 2013 | 6 | 413 | 387 |
| 2013 | 7 | 405 | 405 |
| 2013 | 8 | 384 | 393 |
| 2013 | 9 | 398 | 387 |
| 2013 | 10 | 394 | 401 |
| 2013 | 11 | 387 | 395 |
| 2013 | 12 | 394 | 382 |
| 2014 | 1 | 397 | 396 |
| 2014 | 2 | 405 | 384 |
| 2014 | 3 | 397 | 386 |
| 2014 | 4 | 401 | 402 |
| 2014 | 5 | 426 | 396 |
| 2014 | 6 | 397 | 385 |
| 2014 | 7 | 404 | 407 |
| 2014 | 8 | 415 | 392 |
| 2014 | 9 | 390 | 379 |
| 2014 | 10 | 403 | 393 |
| 2014 | 11 | 388 | 385 |
| 2014 | 12 | 384 | 381 |
| 2015 | 1 | 389 | 365 |
| 2015 | 2 | 342 | 351 |
| 2015 | 3 | 338 | 313 |
| 2015 | 4 | 291 | 288 |
| 2015 | 5 | 278 | 283 |
| 2015 | 6 | 259 | 258 |
| 2015 | 7 | 279 | 253 |
| 2015 | 8 | 264 | 273 |
| 2015 | 9 | 280 | 233 |
| 2015 | 10 | 246 | 255 |
| 2015 | 11 | 222 | 201 |
| 2015 | 12 | 181 | 174 |
| 2016 | 1 | 252 | 203 |
| 2016 | 2 | 214 | 199 |
| 2016 | 3 | 198 | 182 |
| 2016 | 4 | 212 | 195 |
| 2016 | 5 | 212 | 202 |
| 2016 | 6 | 225 | 224 |
| 2016 | 7 | 261 | 248 |
| 2016 | 8 | 272 | 273 |
| 2016 | 9 | 261 | 241 |
| 2016 | 10 | 266 | 257 |
| 2016 | 11 | 255 | 245 |
| 2016 | 12 | 249 | 271 |
| 2017 | 1 | 276 | 316 |
| 2017 | 2 | 296 | 303 |
| 2017 | 3 | 313 | 316 |
| 2017 | 4 | 307 | 339 |
| 2017 | 5 | 319 | 346 |
| 2017 | 6 | 349 | 365 |
| 2017 | 7 | 359 | 369 |
| 2017 | 8 | 364 | 359 |
| 2017 | 9 | 349 | 345 |
| 2017 | 10 | 353 | 356 |
| 2017 | 11 | 353 | 365 |
| 2017 | 12 | 366 | 316 |
| 2018 | 1 | 357 | 379 |
| 2018 | 2 | 381 | 352 |
| 2018 | 3 | 370 | 334 |
| 2018 | 4 | 381 | 387 |
| 2018 | 5 | 387 | 399 |
| 2018 | 6 | 396 | 377 |
| 2018 | 7 | 433 | 370 |
| 2018 | 8 | 415 | 399 |
| 2018 | 9 | 391 | 394 |
| 2018 | 10 | 421 | 392 |
| 2018 | 11 | 410 | 382 |
| 2018 | 12 | 381 | 364 |
| 2019 | 1 | 382 | 365 |
| 2019 | 2 | 383 | 356 |
| 2019 | 3 | 345 | 345 |
| 2019 | 4 | 342 | 351 |
| 2019 | 5 | 369 | 346 |
| 2019 | 6 | 370 | 341 |
| 2019 | 7 | 332 | 337 |
| 2019 | 8 | 355 | 324 |
| 2019 | 9 | 328 | 335 |
| 2019 | 10 | 316 | 336 |
| 2019 | 11 | 313 | 320 |
| 2019 | 12 | 279 | 296 |
| 2020 | 1 | 291 | 304 |
| 2020 | 2 | 297 | 323 |
| 2020 | 3 | 314 | 302 |
| 2020 | 4 | 300 | 309 |
| 2020 | 5 | 311 | 310 |
| 2020 | 6 | 303 | 304 |
| 2020 | 7 | 285 | 322 |
| 2020 | 8 | 276 | 306 |
| 2020 | 9 | 292 | 301 |
| 2020 | 10 | 324 | 273 |
| 2020 | 11 | 322 | 312 |
| 2020 | 12 | 324 | 322 |
| 2021 | 1 | 353 | 351 |
| 2021 | 2 | 429 | 368 |
| 2021 | 3 | 441 | 379 |
| 2021 | 4 | 489 | 440 |
| 2021 | 5 | 508 | 485 |
| 2021 | 6 | 520 | 478 |
| 2021 | 7 | 539 | 573 |
| 2021 | 8 | 576 | 654 |
| 2021 | 9 | 625 | 629 |
| 2021 | 10 | 538 | 618 |
| 2021 | 11 | 522 | 555 |
| 2021 | 12 | 520 | 528 |
| 2022 | 1 | 789 | 532 |
| 2022 | 2 | 522 | 495 |
| 2022 | 3 | 541 | 512 |
| 2022 | 4 | 596 | 528 |
| 2022 | 5 | 598 | 521 |
| 2022 | 6 | 761 | 505 |
| 2022 | 7 | 831 | 520 |
| 2022 | 8 | 770 | 555 |
| 2022 | 9 | 704 | 456 |
| 2022 | 10 | 620 | 386 |
| 2022 | 11 | 643 | 397 |
| 2022 | 12 | 487 | 387 |
| 2023 | 1 | 559 | 359 |
| 2023 | 2 | 470 | 367 |
| 2023 | 3 | 486 | 391 |
| 2023 | 4 | 487 | 379 |
| 2023 | 5 | 497 | 417 |
| 2023 | 6 | 505 | 418 |
| 2023 | 7 | 507 | 399 |
| 2023 | 8 | 449 | n/a |
| 2023 | 9 | 435 | 365 |
| 2023 | 10 | 420 | 351 |
| 2023 | 11 | 408 | 370 |
| 2023 | 12 | 407 | 366 |
| 2024 | 1 | 420 | 376 |
| 2024 | 2 | 430 | 375 |
| 2024 | 3 | 437 | 398 |
| 2024 | 4 | 450 | n/a |
| 2024 | 5 | 433 | n/a |
| 2024 | 6 | 438 | n/a |
| 2024 | 7 | 446 | n/a |
| 2024 | 8 | 450 | n/a |
| 2024 | 9 | 442 | n/a |
Table last updated: 21st October 2024. Next update: ~ 20th November 2024.
Notes and definitions
Figures above are average monthly fob export [not spot prices] for pig iron shipped from Brazil, Russia or Ukraine. 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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