Global insight

Iran Plans to Stop Iron Ore Export after 2019

[Ferro-alloys.com] It is reported that Iran plans to stop iron ore export after 2019, mainly because the country will consume more raw materials for its steel production and also faces on weak prices.

Monday, September 28, 2015

Brazil's Vale Expects Its Iron Ore Production Costs Drop below to US$13/ton before 2018

[Ferro-alloys.com] It is reported that Brazil's Vale announced to cut its iron ore production cost below to US$13/ton before 2018, due to iron ore market prices continued to fall so far. It is understood that Vale planned to focus on high quality raw materials...

Monday, September 28, 2015

Korean Enterprise Concerns Steel Imports Increase from Japan

[Ferro-alloys.com] It is reported that Korean and Japanese iron and steel industry held a meeting on September 24, for discussion on a global of steel industry circumstances and mutual cooperation in order to work together to create a healthy trade environment...

Monday, September 28, 2015

Russia’s Metalloinvest Company will Supply Steel for Construction Victory Bridge

[Ferro-alloys.com] Russia’s Metalloinvest metallurgical company announced that Ural Steel will provide a complete set of integrated steel plant for Victory’s steel bridge construction purposes. At the same time, Ural Steel will be able to provide 7500 tons o...

Monday, September 28, 2015

France’s Vallourec to Supply 14,000 Tons of High Quality Tubes for Stampede Project

[Ferro-alloys.com] It is reported that France tube producer, Vallourec announced to supply 14,000 tons of high quality pipes to the US's Stampede project in Mexico Gulf. The project is located in Green Canyon area, which is about 115 miles from south of Louisi...

Monday, September 28, 2015

Japan’s Steel Orders Increase in July

[Ferro-alloys.com] According to Japan iron and Steel Federation data published in July of this year, Japan’s orders for ordinary steel rose 5% m-o-m to 6.12 million tons, down 2% y-o-y. It does not show signs of recovery in domestic demand for steel was mainl...

Monday, September 28, 2015

US’s Steel Exports Fell 20% in July y-o-y

[Ferro-alloys.com] According to US Census Bureau data released, the country’s steel exports totaled 813,053 tons in this July, down by 8.1% m-o-m, down by 20% y-o-y.

Monday, September 28, 2015

US's Scrap Export Market Continues to Fall

[Ferro-alloys.com] It's reported that US scrap export market continued to fall, the price of No1 and No2 heavy scrap mixture container to China and Taiwan prices are USD 155/ton (CFR), comparing with last week, the price fell US$12 / ton.

Monday, September 28, 2015
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