September 2013

STEEL FIRST OUTLOOK: US pig iron imports to fall to 3m tonnes in 2014

US imports of merchant pig iron are expected to decline sharply as new facilities to produce direct reduction iron (DRI) come into operation in the country, according to Metal Bulletin Research (MBR).

Iran’s Arfa Iron & Steel aiming for 400,000 tpy billet output

Iranian steelmaker Arfa Iron & Steel expects to produce 400,000 tonnes of steel billet by the end of the Iranian year (March 20, 2014), according to md Ahmad Keyvanara.

FEATURE: CIS pig iron market grapples with low buying, added competition

A weak outlook for CIS pig iron exports into Europe over the next month is the result of weeks of thin trading activity and increasing competition, traders told Steel First.

CIS pig iron prices hold steady amid weak buying

Minimal buying activity in the CIS pig iron market kept prices in ranges similar to those heard last week, market participants told Metal Bulletin sister title Steel First on Thursday September 19.

CIS pig iron prices hold steady amid weak buying

Minimal buying activity in the CIS pig iron market kept prices in ranges similar to those heard last week, market participants told Steel First on Thursday September 19.

Tulachermet to shift focus from pig iron to steelmaking

Russian pig iron producer Tulachermet will reduce its presence in the pig iron market when its new 1 million tpy steel mill comes online, a spokesman told Steel First on Wednesday September 18.

Brazilian pig iron exports down for fifth consecutive month

Merchant pig iron exports from Brazil have fallen for the fifth consecutive month in August on a year-on-year basis, reflecting lower demand for the scrap substitute in the international market.

Venezuela opens four new iron ore, DRI sales tenders

The Venezuelan industry ministry launched four international tenders for the sale of iron ore and direct reduced iron (DRI) fines on Friday September 13.

MINING PHILIPPINES: Philippines cannot replace Indonesia to meet China’s nickel needs - Nickel Asia

The Philippines will not be able to meet China’s nickel needs if Indonesia bans ore exports in 2014, according to the largest nickel ore producer in Philippines.

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