June 2013

Carajás pig iron makers see small price recovery in US deals

Merchant pig iron makers in Brazil’s northern region of Carajás have recently closed two deals totalling 140,000 tonnes at prices slightly higher than the previous sale, sources told Steel First on Friday June 28.

Nucor’s DRI plant could put downward pressure on prime scrap, CMC ceo says

The start-up of Nucor’s direct-reduced iron (DRI) plant could eventually put downward pressure on prime grades of scrap metal, Commercial Metals Company (CMC) ceo Joseph Alvarado said.

Nucor's DRI plant could put downward pressure on prime scrap, CMC ceo says

The start-up of Nucor’s direct-reduced iron (DRI) plant could eventually put downward pressure on prime grades of scrap metal, Commercial Metals Company (CMC) ceo Joseph Alvarado said.

CIS pig iron prices static in quiet market

Subdued activity in the CIS pig iron market kept prices unchanged on Thursday June 27.

CIS pig iron prices static in quiet market

Subdued activity in the CIS pig iron market kept prices unchanged on Thursday June 27.

Chinese nickel pig iron smelters slash operating rates

The operating rates at Chinese nickel pig iron smelters have been cut to 50% this month on falling prices and a lack of demand from the steel industry.

Lump ore shortage pushes up India’s domestic prices for DRI

Domestic prices for direct-reduced iron (DRI) in the eastern Indian market have increased slightly by about Rs200 ($3) per tonne on account of short supply of lump ore to kilns.

Lump ore shortage pushes up India's domestic prices for DRI

Domestic prices for direct-reduced iron (DRI) in the eastern Indian market have increased slightly by about Rs200 ($3) per tonne on account of short supply of lump ore to kilns.

Kardemir announces sales plan for Q3 2013

Turkey’s biggest integrated long steel producer, Kardemir, plans to sell 471,500 tonnes of steel product in the third quarter of 2013, it said in a note sent to the Istanbul Stock Exchange on Monday June 24.

Iran’s Esfahan Steel exports first DRI to Iraq

Iran’s Esfahan Steel exported its first batch of direct reduction iron (DRI) to Iraq earlier this month.