August 2017

Brazilian pig iron export price stable in positive market sentiment

Export prices for Brazilian pig iron were unchanged this week, amid expectations of increases in the short term.

CIS Black Sea pig iron export prices rise by $10 on higher offers, assessments

Export prices for Black Sea-region, CIS-origin pig iron have gone up by $10 per tonne over the past week, mainly because of higher offers heard in the market.

STEEL WEEK IN BRIEF: EU's AD duties on Chinese HDG, rising global steel prices, Cisa's comment on higher year-end prices...

Metal Bulletin reviews the major stories affecting the steel market over the past week.

Venezuela's HBI export prices rise on global uptrend

Export prices for Venezuelan hot briquetted iron (HBI) were up this week because of positive market sentiment, Metal Bulletin has heard.

Brazil's pig iron export prices up amid fresh trading activity

Brazilian pig iron export prices rose this week on fresh deals and offers, confirming last week’s forecast of a pricing increase.

CIS pig iron export prices up by $10-30 on higher offers, assessments

Export prices for CIS-origin pig iron have risen by $10-30 per tonne over the past week, mainly because of higher offers heard in the market.

Turkey's Kardemir opens domestic sales at higher prices on all steel products

Turkish long steel producer Kardemir, in the country’s Karabük region, opened its domestic sales book at higher prices on Thursday August 10.

Voestalpine boosts Q2 earnings by 51% on strong EU demand

Austrian steelmaker Voestalpine has reported a 51.16% year-on-year rise in its earnings for the second quarter of 2017 because of strong demand from the steel-consuming sectors, particularly in Europe.

Russia’s semi-finished steel product exports down 21% in June

Export of Russian semi-finished steel products fell by 21% year-on-year to 1.12 million tonnes in June 2017, according to the latest statistics from the country’s Federal Customs Service.