September 2015

Lower bids from Italy drag CIS pig iron market further down

The CIS pig iron market deteriorated further this week, on lower bids from Italy and subdued trading activity elsewhere, sources told Steel First on Thursday September 24.

Global DRI output down by 3% in August, Worldsteel says

Global output of direct reduced iron (DRI) dropped by 3.4% year-on-year in August 2015, according to data released by the World Steel Assn (Worldsteel) on Monday September 21.

CIS pig iron market weakens on bearish mood among buyers

The CIS Black Sea pig iron market has softened over the past week amid subdued trading activity and lower bids, Steel First has been told.

BRICs – SPECIAL REPORT: The rise and stumble of the BRICs nations

Over a decade ago, an economist coined an acronym that defined the shift of economic power towards developing nations.

DRI producers will turn more to seaborne pellet, LKAB vp says

Producers of direct reduced iron (DRI) are expected to depend increasingly on the seaborne market for DR pellet supplies, according to Göran Ottoson, vp of Swedish miner LKAB.

Baltic Sea pig iron market inches down

CIS pig iron export prices from the Baltic Sea declined slightly over the past week, sources told Steel First on Thursday September 10

Black Sea pig iron prices crash on cheaper scrap

CIS pig iron export prices dropped significantly over the past week on the back of a decline in scrap prices, sources told Steel First.

Brazilian sees pig iron exports rise 54% in August

Brazilian merchant pig iron exports grew by 54.2% year-on-year in August.

Russian pig iron exports up 53% in July

Pig iron exports out of Russia increased by 53% year-on-year in July, according to statistics from the country's Federal Customs Service.