May 2013

Tulachermet idles blast furnace, cuts pig iron output by 63,000 tonnes

Russian pig iron producer Tulachermet, part of the metallurgical Koks Group, idled a blast furnace for maintenance earlier this week, at a time when the pig iron market is at a standstill.

CIS pig iron market stagnant on lack of demand

The CIS pig iron market has remained at a standstill on lack of trades, leaving prices unchanged on Thursday May 30 but under pressure from falling iron ore and scrap values.

CIS pig iron market stagnant on lack of demand

The CIS pig iron market has remained at a standstill on lack of trades, leaving prices unchanged on Thursday May 30 but under pressure from falling iron ore and scrap values.

Tulachermet idles blast furnace, cuts pig iron output by 63,000 tonnes

Russian pig iron producer Tulachermet, part of the metallurgical Koks Group, idled a blast furnace for maintenance earlier this week, at a time when the pig iron market is at a standstill.

NLMK idles Lipetsk 1.3m tpy blast furnace on pig iron demand fall

Novolipetsk Steel (NLMK) has idled a 1.3-million tpy blast furnace at its main production site in the Russian city of Lipetsk due to weaker pig iron demand.

Voestalpine, Ahmsa sign HBI deal

Austria’s Voestalpine Group will supply Mexico’s Altos Hornos de México SAB de CV (Ahmsa) with hot-briquetted iron (HBI) from its planned HBI and direct-reduced iron (DRI) facility.

US import pig iron prices fall below $400 level in deal with Brazil

USA pig iron buyers have paid $395 per tonne cfr in a deal concluded this week with merchant producers from Brazil’s northern region of Carajás, sources told Steel First.

Indian local DRI prices slide further as demand weakens

Domestic prices for direct reduced iron (DRI) in India have fallen for the second consecutive week, as demand continues to be subdued because of poor demand for finished products.