July 2015

Metinvest steel output down 26% in April-June

Ukrainian steelmaker Metinvest saw its steel output drop 26% year-on-year in the second quarter of 2015, the company said on Friday July 31.

CIS export pig iron market quiet on lack of price direction

CIS pig iron market has been quiet as both buyers and sellers stay on the sidelines awaiting a “clear price trend” for raw materials, sources told Steel First.

Koks pig iron output down 3% in H1

Russia’s Koks Group reduced its pig iron output by 3% year-on-year to 1.06 million tonnes in the first half of 2015, the company said on Monday July 27.

HIGHLIGHTS: Iron ore output data, trade defence cases, lower prices...

Latin America editor Ana Paula Camargo looks at the main news covered by Steel First over the past week.

CIS pig iron export prices slip further as market 'reaches bottom'

CIS export pig iron prices have dropped by a further $10-15 per tonne over the past week amid low market sentiment, sources told Steel First.

Global DRI output down 3.2% in June, Worldsteel says

Global output of direct reduced iron (DRI) fell by 3.2% year-on-year in June 2015, according to data released by the World Steel Assn (Worldsteel) on Wednesday July 22.

CIS pig iron prices drop $20 per tonne on cheaper scrap, Chinese billet

CIS export pig iron prices have dropped over the past week amid cheaper scrap and the availability of low-priced Chinese billet, Steel First has learnt.

Ukraine steel output to recover year-on-year in August

Ukrainian steel mills will see their rolled steel output total 1.9 million tonnes in August, up by 23% year-on-year and broadly flat month-on-month, industry body Metallurgprom has said.

CIS pig iron market quiet with activity 'absolutely calm'

The CIS export pig iron market has been quiet over the past week with no new deals clinched, sources told Steel First on Friday July 10.

Venezuela's HBI prices down on weak market

Venezuela’s hot briquetted iron (HBI) export prices fell $5-10 per tonne this week, as local producers continued to face difficulties in closing deals.