August 2015

Turkey more attractive for CIS pig iron exporters than Italy

The Turkish market has been “more promising” recently than the Italian one for CIS-based pig iron exporters, although demand has been slack on all fronts, sources have told Steel First.

Koks boosts H1 earnings by 79% as export profits climb on weak rouble

Earnings at Russian metallurgical company Koks Group rose by 79% year-on-year for the first half of 2015, the company said on Monday August 24.

HIGHLIGHTS: Poor results at Glencore, Arrium; trade cases; iron ore, steel output data...

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

Global DRI output up by 3% in July, Worldsteel says

Global output of direct reduced iron (DRI) increased by 2.7% year-on-year in July 2015, according to data released by the World Steel Assn (Worldsteel) on Thursday August 20.

CIS pig iron market weakens further on lack of buying activity

The CIS export pig iron market has continued to suffer from subdued trading activity over the past week, sources told Steel First on Thursday August 20.

Russia's pig iron export volumes rise 13% in H1

Russia’s pig iron exports rose by 13% year-on-year in the first half of 2015, according to statistics from the country’s Federal Customs Service.

Ukraine rolled steel exports down 28% in H1

Ukraine’s export volumes of rolled steel products fell by 28% year-on-year to 8.3 million tonnes in January-June 2015, national steelmakers’ union Metallurgprom said on Wednesday August 13.

Ukraine steel output expected to recover year-on-year in September

Ukrainian steel mills will see their rolled steel output reach 1.8 million tonnes in September, up by 17% year-on-year and down by 5% month-on-month, industry body Metallurgprom said this week.

Ezz Steel’s new DRI plant to be launched in October

Egypt’s biggest steel producer, Ezz Steel, is planning to launch its new direct reduced iron (DRI) plant in Suez this October.

CIS pig iron market remains weak as buyers hold back

The CIS export pig iron market is still suffering downward price pressure amid slack demand, sources told Steel First on Thursday August 13.