April 2017

STEEL WEEK IN BRIEF: Quarterly coal still not settled, steel prices up in China, Q1 results...

Metal Bulletin reviews the major stories affecting the steel market this week.

EZZ Steel's DRI output 'disrupted by shortages of gas, raw materials, dollars'

Production of direct reduced iron (DRI) at Ezz Steel is intermittent due to shortages of natural gas, raw materials and foreign currency in Egypt, the company’s plant manager, Gopal Seenivasagam, has said.

CIS pig iron export market stable despite low activity [UPDATE]

The CIS export high-manganese pig iron market has remained stable on the Black Sea front over the past week, as did Italian import prices for the raw material.

Brazilian pig iron export prices steady on quiet market

Export prices for Brazilian pig iron were stable at the end of April stable as the global market continued to be quiet.

CIS pig iron export market stable despite low activity

The CIS export high-manganese pig iron market has remained stable on the Black Sea front over the past week, as did Italian import prices for the raw material.

DRI cost benefits outweigh production challenges, Emirates Steel says

Use of direct reduced iron (DRI) has cost advantages that will always apply despite the challenges involved in its production, according to Appala Poodi, the DR module plant manager for UAE steelmaker Emirates Steel.

Ukraine’s rolled steel output down 17% in March on mill stoppages

Ukraine produced 1.57 million tonnes of rolled steel in March, down by 16.92% year-on-year, according to national steelmakers’ union Ukrmetallurgprom.

Global DRI output up 14% in March, Worldsteel says

Global output of direct reduced iron (DRI) increased by 13.57% year-on-year in March 2017, according to the World Steel Assn (Worldsteel).

CIS pig iron export market quiet amid broad downtrend in prices

The CIS export pig iron market was quiet last week, with customers assessing the situation amid weakening prices for raw materials and steel products, sources told Metal Bulletin on Thursday April 20.

STEEL WEEK IN BRIEF: Iron ore prices plunge, Chinese steel export prices fall, EU HRC trade case...

Metal Bulletin reviews some of the key news and price moves from the past week in the global steel market.