August 2017

CIS Black Sea export pig iron prices stable amid reduced activity

Export prices for CIS-origin pig iron have mostly remained steady over the past week, with no new activity heard in the Black Sea market.

COMMENT: What did the steel sector accomplish in Brazil's capital?

This year’s Brazilian Steel Congress, organised by national steel institute Aço Brasil, was held in the capital city of Brasília for the first time, attracting some 400 delegates.

STEEL WEEK IN BRIEF: Iron ore, coal prices on the rise, changes in Shougang, Gerdau management, rising steel prices...

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

Brazilian pig iron export prices up on fresh deals, offers

Brazilian pig iron export prices have increased this week on fresh deals and higher offers.

CIS Baltic Sea pig iron export prices rise on higher deals

Export prices for Baltic Sea-region, CIS-origin pig iron have gone up over the past week as higher-priced deals have been heard.

World DRI production up 14% in July, Worldsteel says

Global output of direct reduced iron (DRI) increased by 13.62% year-on-year in July 2017, according to the World Steel Assn (Worldsteel).

AÇO BRASIL CONF: Brazil is starting to overcome economic crisis, finance minister says

Brazil is starting to overcome the worst economic crisis it has ever faced, finance minister Henrique Meirelles has said.

AÇO BRASIL CONF: Steel institute sees exports as industry 'oxygen'

The Brazilian steel sector is keeping all eyes on the export market as the rebound in local steel demand is predicted to be a long time in coming, Aço Brasil president Alexandre de Campos Lyra said on Tuesday August 22.

STEEL WEEK IN BRIEF: Iron ore prices near $78, trade policy, rising steel prices...

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