August 2013

New export deal adds pressure on domestic pig iron prices in Brazil

The second successive export deal for 50,000 tonnes of pig iron from Brazil’s south-eastern state of Minas Gerais is expected to put pressure on domestic prices for the scrap substitute, sources told Steel First.

Minas Gerais pig iron makers close another 50,000-tonne export deal

Merchant pig iron producers from Brazil’s south-eastern state of Minas Gerais sold another 50,000-tonne cargo to a trading company this week, after closing a similar deal a month ago.

CIS pig iron offer prices move up $5 in quiet market

Offer prices for CIS-origin pig iron have pushed up by $5 per tonne as European mills start returning from summer holidays, but the outlook remains mixed, traders told Metal Bulletin sister title Steel First on Thursday August 29.

CIS pig iron offer prices move up $5 in quiet market

Offer prices for CIS-origin pig iron have pushed up by $5 per tonne as European mills start returning from summer holidays, traders told Steel First on Thursday August 29.

Hungary offers to take on $672m of ISD-Dunaferr debt

The Hungarian government has offered to take on HUF150 billion ($672.5 million) of debt from struggling steelmaker Dunaferr, a company spokesman told Steel First on Friday August 23.

CIS pig iron prices hold steady as holidays continue

Prices for pig iron from the CIS region remained unchanged on Thursday August 22 as the European holiday season continued, traders told Metal Bulletin sister title Steel First.

CIS pig iron prices hold steady as holidays continue

Prices for pig iron from the CIS region remained unchanged on Thursday August 22 as the European holiday season continued, traders told Steel First.

Brazil’s Minas Gerais pig iron cargo 'will go to Italy'

A 50,000-tonne cargo of pig iron from Brazil will be going to the Italian market, trading sources told Steel First late last week.