June 2014

Pig iron imports to Turkey doubled in April on stronger demand

Turkish pig iron imports increased sharply in April on strong demand from the country’s steel mills and foundries, according to the Turkish Statistical Institute (TUIK) .

Ukraine pig iron prices weaken in quiet market

Ukrainian pig iron export prices fell by $5 per tonne at the higher end of the range on a lack of buying activity and continued uncertainty in the country, sources told Steel First this week.

MB IRON ORE: Production bottlenecks, firm demand ‘will push up pellet premiums’

Bottlenecks in the production of both blast-furnace and direct-reduction iron ore pellets will push up premiums for the products, sources said at an industry conference on Wednesday June 25.

Hungary’s ISD Dunaferr to restart blast furnace

Hungarian flat steel producer ISD Dunaferr will restart an idled blast furnace by August 20, a spokesman told Steel First on Tuesday June 24.

EU bans imports from Crimea

The European Union has banned imports of goods from Crimea from Wednesday June 25, in response to the March annexation and continued occupation of the Ukrainian region by Russian forces.

Brazil's pig iron export prices stable on quiet market

Export prices for Brazilian pig iron were stable this week because of low demand, market participants told Steel First.

TOP STEELMAKERS: The annual survey of leading steel companies

The global steel industry saw generally steady growth in 2013, but which companies are leading the way? In this exclusive-to-subscribers report we present the findings of the latest Top Steelmakers survey.

CIS pig iron prices unmoved in weak market

CIS-origin pig iron prices held to established levels this week as end-user buying interest remained low, sources told Steel First on Thursday June 19.

Russia cuts gas supplies to Ukraine, steelmakers unaffected

Russia cut supplies of gas to Ukraine on Monday June 16, according to press reports, but steelmakers do not expect the move to have any immediate impact on production.