Glossary
The Kallanish Glossary aims to be a useful resource for complex industry specific terminology. We are
constantly adding to our glossary, so if you have a suggestion or amendment please do get in touch.
Merchant Pig Iron
Steel
Most pig iron is produced in blast furnaces for subsequent steelmaking at integrated steelworks, and is transferred as molten iron from BF to nearby oxygen converters. But a much smaller tonnage is produced for sale as a steelmaking or foundry raw material. This merchant pig iron is mostly made in coke or charcoal fuelled BFs and sold as ingot. Pig iron is a supplement to ferrous scrap in the EAF, and may be used instead of, or in addition to direct reduced iron or hot briquetted iron in order to make higher grades of steel that may not be achievable using only scrap.
Related Terms
Grey Iron,
Direct Reduced Iron,
Hot Briquetted Iron,
Iron and Steel,
Iron Carbide,
Iron Ore,
Merchant Bar,
Pig Iron,
Wrought Iron
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous