July 2014

Metalloinvest shipments to Eastern Europe up 54% in Q2

Russia’s largest iron ore producer Metalloinvest increased its sales to Eastern Europe by 54% year-on-year in the second quarter of 2014, the company said on Thursday July 31.

CIS pig iron prices stable amid Ukraine supply concerns

Prices for CIS-origin pig iron held steady on Thursday July 31 as transactions were limited by uncertainties about the material’s supply and logistics in Ukraine, market sources told Steel First.

Sesa Sterlite’s April-June iron ore output falls to 10,000 tonnes

Indian diversified miner Sesa Sterlite produced 10,000 tonnes of iron ore in the April-June period from its mines in the southern state of Karnataka.

Ukraine-origin pig iron traders raise offers on limited seaborne cargoes

Traders of Ukraine-origin basic pig iron have attempted to raise prices in a static market, sources told Steel First on Thursday July 24.

Turkish pig iron imports firm in May on steady demand, TUIK says

Turkish pig iron imports remained strong in May, with firm local demand from steelmakers and foundries, according to data released by the Turkish Statistical Institute (TUIK).

Venezuela close to resuming HBI production

Venezuela is importing iron ore pellets from Canada in preparation to resume production of hot briquetted iron (HBI) in the country, market participants have told Steel First.

HIGHLIGHTS: Iron ore jitters, interviews, more trade cases

Editor Vera Blei looks at the main news covered by Steel First this week.