June 2013

Ukrainian pig iron prices fall $5 on fresh trades

New transactions pushed down prices for Ukraine-origin basic pig iron on the lower end of the range on Thursday June 20, but the outlook for steel mill demand in the summer months continues to be bleak.

Ukrainian pig iron prices fall $5 on fresh trades

New transactions pushed down prices for Ukraine-origin basic pig iron on the lower end of the range on Thursday June 20, but the outlook for steel mill demand in the summer months continues to be bleak.

INTERVIEW: Iron ore prices will remain volatile, Magnetation ceo says

US minerals producer Magnetation expects iron ore prices to remain largely between $100 and $120 per tonne cfr China for several years, according to ceo Larry Lehtinen.

STEEL SUCCESS STRATEGIES: Cheaper energy, new tech spark ‘rebirth’ for HBI, DRI

New technologies and cheaper energy are driving a revival in direct reduced iron (DRI) and hot briquetted iron (HBI), according to panellists at the Steel Success Strategies conference in New York.

STEEL SUCCESS STRATEGIES: New tech sparks ‘rebirth’ for HBI, DRI

New technologies and cheaper energy are driving a revival in direct reduced iron (DRI) and hot briquetted iron (HBI), according to panellists at the Steel Success Strategies conference in New York.

Ezz Steel signs $78m top-up loan deal to fund DRI project

Egypt’s biggest steel producer, Ezz Steel, has signed a E£550 million ($78.1 million), six-year, top-up syndicated loan facility with National Bank of Egypt, Banque Misr and a group of other local banks.

VIDEO: Emirates Steel expansion plan to push pellet demand to 9m tpy

Emirates Steel sees its pellet demand rocketing in the coming years on the back of ambitious steelmaking capacity expansion plans, ceo Saeed Ghumran Al Romaithi told Steel First in Abu Dhabi.

CIS pig iron offer prices fall amid scant trading

Prices for CIS-origin pig iron have weakened on the lower end of the range as offers fell amid scant trading on Thursday June 13.

CIS pig iron offer prices fall amid scant trading

Prices for CIS-origin pig iron have weakened on the lower end of the range as offers fell amid scant trading on Thursday June 13. Market participants remain bearish on the outlook.