May 2017

CIS pig iron export prices show mixed dynamics; DMZ said to be restarted

CIS export prices for low-manganese pig iron have inched downward while those for high-manganese material have remained stable over the past week, sources told Metal Bulletin on Thursday May 25.

Brazilian pig iron producers struggle to keep export prices up

Brazilian pig iron producers are struggling to keep export prices at high levels in a quiet market.

Long steel producer Kardemir shows 380% jump in Q1 earnings

Turkey’s largest integrated long steel producer, Kardemir, has reported pre-tax earnings of TRY112.14 million ($31.43 million) for the first quarter of 2017 to the country’s Public Disclosure Platform (KAP).

Global DRI output up 7.5% in April, Worldsteel says

Global output of direct reduced iron (DRI) increased by 7.51% year-on-year in April 2017, according to the World Steel Assn (Worldsteel).

Brazilian pig iron export prices down on poor market sentiment

Brazilian pig iron export prices fell this week on bearish market sentiment.

Ukraine’s rolled steel output down 30% in April on idled mills, materials shortages

Ukraine produced 1.37 million tonnes of rolled steel in April, down by 30.49% year-on-year, according to national steelmakers’ union Ukrmetallurgprom.

CIS pig iron export prices inch up in sluggish market

CIS pig iron export prices moved up on Thursday May 18, despite a generally slow-moving market, with new offers and bids heard by Metal Bulletin.

Metalloinvest`s iron ore products shipments to Europe jump by 71% in Q1

Russia’s largest iron ore producer, Metalloinvest, increased its iron ore product shipments to Europe by 71% year-on-year in the first quarter of 2017, Metal Bulletin learnt on Tuesday May 16.

STEEL WEEK IN BRIEF: Slab prices down, ArcelorMittal's positive Q1, quiet iron ore market...

Metal Bulletin reviews the major stories affecting the steel market over the past week.