June 2015

ArcelorMittal halts one of three working BFs at Kazakh plant after fire

Steelmaking giant ArcelorMittal has halted production at one of the three operating blast furnaces (BFs) at its integrated plant in Kazakhstan after a fire, the company’s spokeswoman told Steel First on Tuesday June 30.

Venezuela's HBI industry still affected by gas supplies, poor demand

Venezuelan producers of hot briquetted iron (HBI) continue to face difficulties with gas supplies and weak demand, sources told Steel First.

CIS pig iron export market demand remains sluggish

Steel First’s assessment of CIS export pig iron prices has moved up by $5 on average for Black Sea-shipped material over the past week amid sluggish demand and weakness in the scrap market.

World DRI production in 2014 down 1% to 74.5m tonnes

Global output of direct reduction iron (DRI) fell by 1% year-on-year to 74.5 million tonnes in 2014, according to data from Midrex Technologies and audited by World Steel Dynamics.

Tosyali to add 2.5m-tpy DRI plant to Algerian assets

Tosyali Holding is expanding its presence in Algeria with the addition of the world's biggest combined hot and cold direct reduced iron (DRI) facility at its steelmaking complex near Oran.

Kardemir plans to sell 607,400 tonnes of steel products in Q3

Turkish integrated long steel producer Kardemir has announced plans to sell 607,400 tonnes of steel products in the third quarter of 2015, in a note filed with the country’s Public Disclosure Platform (KAP).

Tulachermet's parent mulls 1-1.2m-tpy stainless, carbon steel mill

The parent company of Tulachermet, Russia’s largest pig iron exporter, is considering building a 1-1.2-million-tpy stainless, special and carbon steel mill by 2020, a company official has told Steel First.

Global DRI output down 11.9% in May, Worldsteel says

Global output of direct reduced iron (DRI) decreased by 11.9% year-on-year in May 2015, according to data released by the World Steel Assn (Worldsteel) on Monday June 22.