September 2013

US crude steel production up 0.9% last week

US crude steel output totalled an estimated 1,872,000 net tons last week, up by 0.9% from 1,856,000 tons the previous week, according to the American Iron & Steel Institute.

Venezuela launches third iron, steel sales tender

Venezuela’s industry ministry has launched its third international sales tender following the establishment of a state central committee to fix prices and sell iron and steel products.

Mexico’s Ahmsa reports new monthly crude steel output record

Mexico’s biggest integrated steelmaker, Altos Hornos de Mexico (Ahmsa), set new records for crude steel and pig iron production month-on-month in August

Pellet shortage means Comsigua now Venezuela's sole operating HBI producer

Venezuela’s Comsigua has become the sole producer of hot briquetted iron (HBI) operating in the Latin American country, on a local shortage of iron ore pellet, sources have told Steel First.

CIS pig iron prices hold firm despite weak buying activity

CIS-origin pig iron prices have held at levels seen last week, traders told Steel First on Thursday September 5, although pressure is growing for them to fall on weak buying activity.

CIS pig iron prices hold firm despite weak buying activity

CIS-origin pig iron prices have held at levels seen last week, traders told Steel First on Thursday September 5, although pressure is growing for them to fall on weak buying activity.

Ternium to invest $225m in improving safety at Guerrero plant in Mexico

Steelmaker Ternium has announced a $225 million investment in industrial safety, environmental and maintenance works at its Guerrero plant near Monterrey in the northern Mexican state of Nuevo León.

Iran’s Bardsir Steel to commission DRI plant within two months

Iran’s Bardsir Steel expects to commission its direct reduction iron (DRI) plant in the province of Kerman within the next two months, according to provincial governor Esmaiel Najar.

Venezuela conducts iron ore tender amid silence on HBI sale

The Venezuelan industry ministry has opened an international tender for the sale of 210,000 tonnes of iron ore from the country’s sole producer, state-owned miner Ferrominera Orinoco (FMO).