May 2013

SPOTLIGHT: Low-cost natural gas fuels US steel growth

Access to affordable natural gas will ensure US steelmakers remain competitive, with some having already capitalised on its benefits, according to a number of industry executives.

FEATURE: Low-cost natural gas fuels US steel growth

Access to affordable natural gas will ensure US steelmakers remain competitive, with some having already capitalised on its benefits, according to a number of industry executives.

IABr CONFERENCE: Vetorial suspends pig iron project in Argentina on poor economy

Brazil's Vetorial Siderugia’s plans to build a pig iron unit in Argentina have been put on hold, a senior executive said.

IABr CONFERENCE: Gusa Nordeste’s steelmaking unit ‘practically finished’

The installation of the steelmaking operation at Gusa Nordeste’s greenfield long products mini-mill in north-eastern Brazil is “practically finished”, an executive from China’s CISDI Engineering said.

IABr CONFERENCE: Votorantim’s Brazilian pig iron plant working at full pace

Brazilian long steel producer Votorantim Siderurgia is working at full capacity at the pig iron plant it leased last year in Minas Gerais state in a bid to decrease its third-party purchases and cut costs.

Iran's Pars International to set up 1m tpy mini-mill

Iran’s Pars International Development will set up a new 1 million-tpy mini mill in the south-eastern province of Kerman.

Iran's Hormozgan Steel raises output 70% year-on-year

Iranian steel producer Hormozgan Steel (Hosco) produced 80,000 tonnes of crude steel in the first month of the new Iranian year that began on March 20.

FEATURE: Ternium moves closer to boost for crude steel capacity in Mexico

Ternium might choose to expand its crude steel capacity in Mexico following its exit from the sale process of ThyssenKrupp’s 73.13% stake in CSA’s 5 million-tpy slab plant in Brazil.

CIS pig iron prices unchanged on lack of trades

Prices held steady in a quiet CIS pig iron market on Thursday May 2, and no trades were heard as participants stayed out of the market.

CIS pig iron prices unchanged on lack of trades

Prices held steady in a quiet CIS pig iron market on Thursday May 2, and no trades were heard as participants stayed out of the market.