January 2014

Turkish pig iron imports fall 33% in November, TUIK says

Turkish pig iron imports remained sluggish in November 2013, with prices falling, according to data released by the Turkish Statistical Institute (TUIK).

Venezuela holds two tenders for DRI supplies

The Venezuelan industry ministry has launched new tenders for the sale of direct reduction iron (DRI), it announced late on Thursday January 30.

Metalloinvest boosts pig iron sales by 74% in 2013

Metalloinvest, Russia’s largest iron ore producer, saw its merchant pig iron sales rise by 74% in 2013 to 1.4 million tonnes, the company said on Friday January 31.

Metalloinvest iron ore product sales in Russia gain 24% in Q4

Metalloinvest, Russia’s largest iron ore producer, saw its domestic sales rise by 24% year-on-year in the fourth quarter of 2013 to 4.25 million tonnes, the company said on Friday January 31.

Oman’s Jindal Shadeed HBI sales up 48% in Q4 2013

Jindal Shadeed Iron & Steel, based at Sohar in Oman, sold nearly 500,000 tonnes of hot briquetted iron (HBI) in the last quarter of 2013, 48% more than in the preceding three months.

Traders hold on to cargoes as CIS pig iron prices remain static

Traders of CIS-origin pig iron held on to their cargoes as prices stood at long-held levels, market participants told Steel First on Thursday January 30.

Sesa Sterlite ups Q4 pig iron output by 67%

India’s Sesa Sterlite increased its pig iron production by 67% year-on-year to 139,000 tonnes in the October-December period of 2013, it said this week.

Qatar Steel to start billet production from EF5 this quarter

Qatar Steel is planning to start billet production at its 1.1 million tpy electric arc furnace (EAF) plant before the end of the first quarter this year, a company executive has told Steel First.