Pig iron price October 2024 and outlook (see chart below)
Pig iron price index
This post is a summary of the Pig iron price developments. The price developments of Pig iron are expressed in US$ prices converted FX rates applicable at the time when the price was valid. Pig iron price index developments are calculated from multiple separate sources of data to ensure statistical accuracy.
The outlook for Pig iron prices is generated from different inputs including:
- Very recent price developments of immediate cost drivers of Pig iron prices
- Recent price developments of underlying feedstocks which drive the price of Pig iron
- Market futures for both cost drives and feedstocks of Pig iron prices
- Adjustment of current supply/demand imbalances in the Pig iron market
- Longer term trends in likely demand conditions
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