July 2015

HIGHLIGHTS: China mill losses, US CRC trade case, ArcelorMittal results...

Editor Vera Blei looks at the main news covered by Steel First in the past week.

Latin America’s slab export prices slide amid weak demand

Slab export prices in Latin America fell week-on-week on Friday July 31 amid low demand levels.

Brazil's Zamin Ferrous loses contract to operate Amapá railway

Iron ore miner Zamin Ferrous has lost the contract to run the railway from its Pedra Branca do Amapari mine to the port of Santana, the Amapá state government said this week.

Gerdau's Siderperú reports $4m net loss in Q2

Gerdau’s Peruvian subsidiary, Siderperú, reported a net loss of 14.1 million nuevos soles ($4.4 million) for the second quarter of 2015, the company said in a note to the country’s securities regulator, SMV, on Thursday July 30.

Weak demand, high inventories depress domestic steel prices in Iran

Steel prices in the Iranian domestic market saw little movement this week as weak demand depressed activity.

South America's flat steel import prices slip on reduced trading

South American import prices for flat steel goods have declined this week on thin trading, sources have told Steel First.

WEEK IN BRIEF: SRB revealed; TC/RCs fall; alumina index drops; SiMn oversupply

Charlotte Radford takes a look at some of the key metal market news stories and price moves from the past week.

Metalloinvest shifts iron ore product sales to domestic market in Q2

Russian mining major Metalloinvest increased its share of domestic sales of iron ore products in the second quarter of 2015, it said on Friday July 31.

Bearish sentiment continues to drag down India import scrap prices

Prices for containerised scrap imported into India continued to fall this week on sluggish demand and bearish sentiment in the market, sources told Steel First on Friday July 31.