December 2015

Ezz Steel sees earnings increase 6% in Jan-Sep

Earnings at Egyptian steelmaker Ezz Steel increased by 6% year-on-year in the first nine months of 2015, the company said on Wednesday December 30.

Chinese NPI producers will jointly cut output by 20% in 2016

Eleven Chinese high-grade nickel pig iron (NPI) producers have reduced their 2016 production plans by 20%, according to a joint statement released last week.

REVIEW OF 2015: Unexpected LME stock drawdown fails to support nickel prices

A huge 72% of respondents to a recent Metal Bulletin poll, which spanned several months up to November, thought London Metal Exchange nickel stocks would end the year above 400,000 tonnes.

NORTH AMERICAN MORNING BRIEF: Key metal markets news so far on December 18

The latest news from the metal markets to start the North American morning on Friday December 18.

DMZ concludes January output tender in quiet CIS pig iron market

Prices in the CIS-origin pig iron markets held steady as Ukrainian producer Donetskstal (DMZ) concluded its latest tender round, sources told Steel First on Thursday December 17.

Turkey’s Isdemir sets new Turkish liquid steel production record

Turkish integrated steel producer Isdemir – an Erdemir Group company – has produced over 5 million tonnes of liquid steel so far in 2015, the company announced on Thursday December 17.

Russia’s rolled steel output drops by 5% in November

Finished steel output in Russia fell by 5% year-on-year in November, federal statistics service Rosstat said on Tuesday December 15, without giving the actual number.

EUROPEAN MORNING BRIEF: Key metal news and price updates on December 11

Good morning from Metal Bulletin’s offices in Asia, bringing the latest news and pricing stories on Friday December 11.

Baltic Sea pig iron prices moving sideways in quiet market

Baltic Sea export prices for CIS-origin pig iron have remained broadly steady over the past week amid subdued trading activity, sources have told Steel First.