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CBIL
Metals & Recycled Scrap
All Iron Ore & DRI

Pig Iron

Basic, foundry and nodular pig iron by Si, Mn, P and S for melt shops and foundries

Pig iron is blast-furnace hot metal cast into ingots and sold cold, bought as a known chemistry in a market where scrap alone cannot meet residual limits. Basic pig iron for steelmaking (HS 7201.10) runs 3.8–4.5% carbon, silicon ≤ 1.0–1.2%, manganese 0.1–1.0%, phosphorus ≤ 0.05–0.12% and sulphur ≤ 0.02–0.05%; a melt shop buys it to dilute the copper (0.20–0.35%) and tin (0.015–0.030%) that post-consumer scrap brings into the furnace, avoiding hot shortness and edge tearing in drawing-quality flat steel and high-tensile wire rod. The EU bans pig iron from a sanctioned origin under Council Regulation (EU) No 833/2014 as amended, so European melt shops that used that supply merchant pig iron now buy from other origins.

CBIL brokers non-sanctioned origins. First, northern Brazil (the Carajás corridor in Maranhão and Pará), where merchant producers smelt Carajás ore with charcoal made from cultivated eucalyptus and ship basic pig iron out of São Luís (Itaqui / Ponta da Madeira). Charcoal-based pig iron carries a much lower fossil-carbon footprint than coke-based blast-furnace iron, which matters to EU buyers under CBAM (Regulation (EU) 2023/956); the embedded-emissions figure for each cargo comes from the producer's own installation data. Second, Minas Gerais in southern Brazil, exporting foundry and nodular pig iron via Tubarão and Vitória. Third, integrated steel plants on India's eastern seaboard exporting via Paradip and Vizag. Fourth, Ukrainian production from non-occupied territory, shipped via the Danube ports and Constanța. Origin is documented with the mill test certificate (EN 10204 3.1), the load-port export declaration and a chamber certificate of origin. Handysize and Supramax lots are offered on FOB, CFR and CIF terms, and the chartering desk checks tank-top load limits because pig iron stows heavy.

Medium- and high-phosphorus foundry pig iron is a separate product under HS 7201.20, the heading for non-alloy pig iron with more than 0.5% phosphorus. A typical eastern-India analysis runs P 0.6–0.9%, Si 2.0–2.6%, C 3.5–4.0%, Mn 0.2–0.25% and S below 0.03%. It goes into grey-iron foundry castings where fluidity matters more than toughness, such as manhole covers, pipe fittings and counterweights; into the rodding iron that aluminium smelters pour to fix anodes to their stems; and into phosphoric cast-iron brake blocks for railways. Brake-block iron carries more phosphorus than the typical analysis, so for that use the grade is agreed against the buyer's specification.

See also: High-purity pig iron (HPPI) for ductile iron foundries

Need the ship as well? Our chartering desk prices Chattogram to Vietnam mill scale freight on LaycanDesk.

Excluded origins are not offered, including product re-exported, blended or re-processed through a third country. Every lot moves with a certificate of origin naming the producing plant, mine or grower country, and nothing is quoted before the seller and loading point are known.

Indicative reference

$330–430 USD / MT

as at September 2026

IncotermsFOB · CFR · CIF
OriginsBrazil (Carajás & Minas Gerais), India, Ukraine (non-occupied territory via Danube/Constanța), Malaysia
PackagingBulk vessel (Handysize / Supramax), loose ingots trimmed; jumbo bags or bundled in containers for foundry lots
HS Code7201.10

Reference level only — not an offer, and reviewed quarterly. Levels shown are as at September 2026. Firm pricing is quoted per RFQ, subject to volume, terms and inspection.

Brazil (Carajás & Minas Gerais) · India · Ukraine (non-occupied territory via Danube/Constanța) · Malaysia

Typical Specification

Carbon3.8–4.5%
Silicon≤ 1.2% basic / 1.5–3.5% foundry
Manganese0.1–1.0% (nodular ≤ 0.10%)
Phosphorus≤ 0.05–0.12% basic / > 0.5% high-phosphorus foundry
Sulphur≤ 0.02–0.05%
Tramp Elements (Cu, Sn, Cr, Ni, Mo)Low; per producer analysis

Specifications are indicative and adjusted to the agreed contract and destination requirements. Final spec confirmed on COA / SGS.

Available Grades

Basic Pig Iron (steelmaking) Si ≤ 1.2%Medium/High-Phosphorus Foundry Pig Iron (HS 7201.20) P > 0.5%Carajás Charcoal Basic Pig Iron (low phosphorus)Foundry Pig Iron Si 1.5–2.5%High-Silicon Foundry Pig Iron Si 2.5–3.5%Nodular (Ductile-Base) Pig Iron Mn ≤ 0.10%, P ≤ 0.035%Hematite Pig Iron (low S ≤ 0.015%)

Applications

  • Electric-arc furnace charge (residual dilution)
  • Basic oxygen furnace hot-metal supplement / coolant
  • Induction furnace charge
  • Grey-iron foundries (cupola & induction)
  • Ductile-iron foundries (nodular base)
  • Special Bar Quality (SBQ) and automotive sheet

Category

Metals & Recycled Scrap

Incoterms

FOB · CFR · CIF

Pricing basis

USD / MT

Inspection

SGS / Intertek at load port

Pig Iron — buyer questions

Why buy pig iron when scrap is cheaper?

For the residuals. Scrap carries copper (0.20–0.35%), tin, chromium and nickel that no melt shop can refine out pyrometallurgically. During continuous casting and rolling, copper segregates to grain boundaries, causing severe hot shortness and surface cracking in automotive sheet and wire rod. Charging pig iron dilutes the residuals down to the grade's limit. It also brings about 4% dissolved carbon, which adds chemical energy to the electric-arc furnace bath and helps foam the slag.

How does the EU ban on sanctioned-origin pig iron affect melt shop procurement?

The EU bans pig iron from a sanctioned origin under Council Regulation (EU) No 833/2014 as amended. European buyers therefore need a non-sanctioned origin they can document at customs. CBIL offers Brazilian, Indian and non-occupied Ukrainian material with the mill test certificate (EN 10204 3.1), the load-port export declaration and a chamber certificate of origin.

Why does Brazilian charcoal pig iron matter under EU CBAM?

Merchant producers in northern Brazil smelt Carajás ore with charcoal from cultivated eucalyptus rather than coke. Charcoal-based pig iron carries a much lower fossil-carbon footprint than coke-based blast-furnace iron, which matters under the EU Carbon Border Adjustment Mechanism (Regulation (EU) 2023/956). The embedded-emissions figure used for CBAM comes from the producer's own installation data, cargo by cargo.

What is the difference between basic, foundry and nodular pig iron?

Silicon and cleanliness. Basic pig iron is low in silicon (≤ 1.2%) for steelmaking. Foundry pig iron carries higher silicon (1.5–3.5%) to promote graphitisation in grey-iron castings. Nodular pig iron is the purest grade, strictly controlled for ductile iron with manganese ≤ 0.10%, phosphorus ≤ 0.035%, sulphur ≤ 0.015%, and trace titanium, lead and antimony below critical thresholds to avoid interfering with magnesium nodularising treatments.

What parcel sizes and carriage terms do you work?

Handysize and Supramax bulk vessels loaded loose and trimmed out of Itaqui/Ponta da Madeira and Tubarão (Brazil), Paradip and Vizag (India), and Constanța/Danube (Ukraine). Because pig iron has a heavy stowage factor (10–14 cu.ft/MT), the chartering desk checks the tank-top load against the vessel's class limits.

Is high-phosphorus pig iron the same as HPPI?

No, and the two are easily confused. In the market HPPI usually means high-purity pig iron, the low-phosphorus, low-manganese base iron bought by ductile-iron foundries. High-phosphorus pig iron is the opposite product: HS 7201.20, phosphorus above 0.5% (typically 0.6–0.9%), bought for grey-iron castings, aluminium smelter rodding and phosphoric brake blocks. State the phosphorus range and HS code in the enquiry so the offer matches the right material.