October 2013

CIS pig iron prices steady as trading activity increases

Trading activity has picked up in the export market for CIS-origin pig iron despite steady prices, traders told Steel First on Thursday October 31.

Metalloinvest iron ore sales in Russia drop by 5% in Q3

Metalloinvest, Russia’s largest iron ore producer, saw domestic sales fall by 5% year-on-year to 3.82 million tonnes in the third quarter of 2013, according to Steel First calculations.

Libyan government considers privatising steelmaker Lisco

Libyan industry minister Suleiman al-Fitouri has said that the country’s government is considering the privatisation of Libyan Iron & Steel (Lisco), news agency Reuters has reported.

Metalloinvest raises pig iron output capacity by 40%

Russian iron ore and steel producer Metalloinvest is modernising the pig iron smelting facilities at its Ural Steel blast furnace plant to increase merchant pig iron output by 40%.

INTERVIEW: China still needs European plantmakers, says Danieli Asia ceo

The world’s biggest steel producing nation will still need European plant engineers in the coming years, according to Matteo Bavaresco, ceo of China and Asia for Italian machinery specialist Danieli.

CIS pig iron prices unmoving in stagnant market

Prices for CIS-origin pig iron were unchanged on limited activity and low demand, market participants told Steel First on Thursday October 24.

Qatar-Algeria deal to build 2m-tpy steel mill to be finalised this year

Qatar Steel International expects to finalise its joint-venture agreement with the Algerian government to build a 2 million-tpy integrated steel mill by the end of the year.

Koks pig iron output falls 3% over Q1-Q3 2013

Pig iron production at the Tulachermet subsidiary of Russian metallurgical group Koks fell by 3% year-on-year to 1.536 million tonnes in the first nine months of 2013.