September 2016

Egypt’s Ezz Steel sees earnings increase 113% in H1

Earnings at Egyptian steelmaker Ezz Steel increased by 113% year-on-year in the first half of 2016, according to a financial statement published on Thursday September 29.

CIS pig iron market stable amid lack of activity

Trading activity in the CIS pig iron market has been quite subdued over the past week with prices being largely unchanged, Metal Bulletin has learnt.

Baltic Sea pig iron prices move up after coal, coke rises

Baltic Sea export prices for CIS-origin merchant pig iron have seen a slight increase over the past week, sources told Metal Bulletin on Thursday September 22.

Black Sea pig iron market quiet despite bearish sentiment

Export prices for CIS-origin pig iron in the Black Sea market have remained largely stable over the past week on a lack of trading activity, Metal Bulletin has heard.

Global DRI output down 6% in August, Worldsteel says

Global direct reduced iron (DRI) output fell by 5.74% year-on-year in August 2016, according to the World Steel Assn (Worldsteel).

Ukraine’s steel output relatively unchanged in August

Ukraine produced 1.73 million tonnes of rolled steel in August, up just 0.44% compared with August 2015, according to the national steelmakers union, Metallurgprom.

Severstal boosts DR pellet output, targets European export growth

Russian steelmaker Severstal is increasing its direct-reduced (DR) pellet output, with the aim of boosting its exports to Europe to combat anticipated oversupply issues in the domestic pellet market.

CIS pig iron prices steady in quiet market

Export prices for CIS-origin pig iron have remained largely stable for another week on a lack of activity in the market.

Brazil's pig iron exports down 6.6% in August

Brazil’s pig iron exports dropped by 6.64% in August on an annual basis, according to figures released by the country’s foreign trade ministry, MDIC, this week.