April 2013

Metalloinvest shifts Q1 2013 iron ore concentrate shipments to Russia

Russia's Metalloinvest shifted iron ore and pellet shipments from Europe and China to Russia and South East Asia in the first quarter of 2013.

Tulachermet ramps up special-grade pig iron output in Q1 2013

Russian pig iron producer Tulachermet has ramped up production of special-grade pig iron in a bid to focus output on the higher value end of the market, a company spokesman told Steel First on Tuesday April 30.

MB DRI & PELLET CONGRESS: Jindal Shadeed's Oman billet plant set for Q4 start-up

Oman-based Jindal Shadeed is on schedule to commission a 2 million tpy billet plant in Oman in the final quarter of 2013, a company official told Steel First.

Sesa Goa posts $39m loss in March quarter

Sesa Goa Ltd, India’s largest private iron ore producer and exporter, has posted a $39 million loss for the March quarter.

MB DRI & PELLET CONGRESS: Skills gap may slow shale gas revolution in USA

Shale gas can transform the USA's steel industry, but a shortage of technical skills may slow down progress, according to the ceo of US miner Cliffs Natural Resources.

COALTRANS BRAZIL: Tecop's coke supply plan dashed by weak pig iron market

Coal and coke importer and distributor Terminal de Combustíveis da Paraíba (Tecop) has seen its plans to supply pig iron makers in northern Brazil brought to a half by the industry’s weakness.

MB DRI & PELLET CONGRESS: DRI loses price advantage over scrap

Using direct reduced iron (DRI) for steelmaking is not more competitive than using scrap, a senior official at Emirates Steel told delegates to the Metal Bulletin DRI & Pellet Congress in Abu Dhabi.

JSPL profits tumble 39% in Jan-Mar 2013

Jindal Steel & Power (JSPL) has reported a 39% decrease in net profit for the first three months of 2013.

MB DRI & PELLET CONGRESS: SNIM eyes 40m tpy iron ore output by 2025

Mauritanian iron ore producer Société Nationale Industrielle et Minière de Mauritanie (SNIM) plans to reach capacity of 40 million tpy by 2025, the company’s senior official in Paris has told Steel First.