August 2013

CIS pig iron prices unchanged despite higher offers

Export prices for pig iron from Ukraine and Russia held steady while producers continued to push up offers, market participants told Metal Bulletin sister title Steel First on Thursday August 15.

CIS pig iron prices unchanged despite higher offers

Export prices for pig iron from Ukraine and Russia held steady while producers continued to push up offers, market participants told Steel First on Thursday August 15.

Venezuela yet to reveal compensation for nationalised HBI producers

The Venezuelan government has yet to notify the owners of hot-briquetted iron (HBI) producers Orinoco Iron and Venprecar about the compensation terms for the nationalisation of their companies.

Brazil's pig iron exports fall 37% in July

Brazil’s pig iron exports slumped 37.6% year-on-year in July on reduced demand from the USA and Taiwan.

Tulachermet to label all pig iron ingots by 2014

Russian pig iron producer Tulachermet has decided to label all its ingots by 2014 following successful trials, a company spokesman told Steel First on Tuesday August 13.

Imported DRI keeps domestic Indian prices soft

Domestic prices for direct reduction iron (DRI) in India remained subdued this week as cheaper imported material kept prices soft.

Ternium fined for not complying with security measures in Mexico

Ternium Mexico was fined at 647,600 Mexican pesos ($51,029) for the accident at its Guerrero steelmaking plant in San Nicolás de los Garza, in the northern Mexican state of Nuevo León.

Imported DRI keeps domestic Indian prices soft

Domestic prices for direct reduction iron (DRI) in India remained subdued this week as cheaper imported material keeps prices soft.