May 2014

India's Essar Steel to increase monthly production to 400,000 tonnes in June

India’s Essar Steel plans to ramp up steel production in June to more than 400,000 tonnes per month.

CIS pig iron prices unchanged in quiet market

Prices for CIS-origin pig iron were unchanged on Thursday May 29 amid low trading activity, market participants told Steel First.

Qatar Steel DRI production up 7.7%

Qatar Steel’s direct reduced iron (DRI) production in the first quarter of this year was up 7.7% year-on-year, according to figures published by the Arab Iron and Steel Union (AISU) on Wednesday May 28.

Turkish pig iron imports plunge in March, TUIK data shows

Turkey’s pig iron imports fell on weaker domestic demand in March, according to the Turkish Statistical Institute (TUIK).

Ukraine pig iron prices fall on fresh trade

The range of export prices for Ukraine-origin basic pig iron fell and widened downwards on lower transaction volumes, market participants told Steel First on Thursday May 22.

Russia's Tulachermet raises Q1 pig iron output by 2%

Pig iron production at Tulachermet, a subsidiary of Russian metallurgical group Koks, rose by 2% year-on-year to 547,000 tonnes in the first quarter of 2014.

Metinvest unaffected by Mariupol unrest

Ukraine’s largest steelmaker, Metinvest, has seen no negative effect on production and exports from the embattled port of Mariupol, the company’s head of sales said in a statement on Monday May 19.

Iran's Sirjan Jahan Steel to start sponge iron production in June

Iran's Sirjan Jahan Steel is to start production of sponge iron in June, according to md Ali Abbaslou.