December 2010

Carajás pig iron producers get further lift in latest export deal to the USA

Pig iron producers from Brazil’s northern region of Carajás got a further price rise on their latest concluded transaction with a trading company from the USA, local sources told MB

Russian pig iron producers gets further $5 increase on export deals

A leading Russian pig iron producer has achieved a further $5 rise on its export sales on the back of higher prices pushed through by CIS furnaces earlier this week, market participants told MB.

CIS pig iron prices climb in line with higher Brazil-origin offers

CIS pig iron produces have increased their export prices in line with higher prices achieved by Brazilian producers, market participants told MB.

Piombino explosion will not affect output says Lucchini

Lucchini said an explosion at its Piombino works late last week has not disrupted operations

Carajás pig iron exporters secure increase in latest deal

Merchant pig iron makers from Brazil’s northern region of Carajás have secured an export deal to the USA up almost $10 per tonne cfr from the previous transaction

ArcelorMittal Tubarão cuts steel output after damage to Vale's coal terminal

ArcelorMittal Tubarão, Brazil's largest integrated flat steel mill, announced it was forced to decrease its crude steel production by 1 million tpy because of the accident that damaged Vale's Praia Mole coal terminal two weeks ago

270kt of Brazilian pig iron exports disrupted by damage to Vale port

Shipments of as much as 270,000 tonnes of Brazilian pig iron sold to Asian customers have been disrupted after merchant producers in Minas Gerais temporarily lost access to one of Vale’s seaports.