Analysis
July 22, 2025
Final Thoughts
Written by Stephen Miller
There are several outstanding possibilities that could affect the steel and raw materials markets in the near future. Tariffs on steelmaking raw materials, especially pig iron, present the biggest unknown. The uncertainty of this policy is resulting in partial paralysis of decision-making and market behavior for all participants.
The pig iron outlook remains cloudy as American buyers have kept mum about future purchases or shipments, our sources in Brazil said.
