September 2017

STEEL WEEK IN BRIEF: Scrap, iron ore prices down, Chinese HRC export prices fall, steel mills announce investments...

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

Brazilian pig iron export prices down in late September on global weakness

Export prices for Brazilian pig iron have fallen this week, as producers struggle to keep prices at high levels while scrap values fall and buying interest is reduced.

CIS pig iron exporters cut prices further on falling commodities markets

CIS exporters of pig iron have reduced their prices again this week due to the continued downtrend in global commodities markets, Metal Bulletin has heard.

STEEL WEEK IN BRIEF: Iron ore, seaborne coking coal extend losses, EU rebar export offers up, ThyssenKrupp/Tata sign MoU

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

Worldwide DRI output up 3% in August, Worldsteel says

Global output of direct reduced iron (DRI) increased by 2.57% year-on-year in August 2017, according to the World Steel Assn (Worldsteel).

CIS Baltic Sea pig iron export prices drop on lower offers

Export prices for CIS-origin pig iron shipped through the Baltic Sea fell this week, with lower offers heard in the market.

Ukraine’s rolled steel output down 7% in August

Ukraine produced 1.61 million tonnes of rolled steel products in August this year, down by 6.89% year-on-year, according to national steelmakers union Ukrmetallurgprom.

ASIAN MORNING BRIEF 20/09: Most base metals follow LME aluminium higher; Comex copper gains continue; MJP aluminium premiums remain firm

The latest news and price moves to start the Asian day on Wednesday, September 20.

CIS Baltic Sea pig iron prices climb, but Black Sea prices hold firm

Export prices for CIS-origin pig iron exported through the Baltic Sea have risen over the past week, while those for similar material sold through the Black Sea have remained relatively unchanged.