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South America News

2May
ArcelorMittal boosts demand growth forecast in Brazil

ArcelorMittal has become more positive about its performance in Brazil and is updating its demand growth …

Todor Kirkov Bulgaria
2May
Argentina’s steel trade deficit narrows in Q1

Argentina saw its first-quarter finished steel trade deficit narrow both quarter-on-quarter and year-on-year. During Q1, imports …

Todor Kirkov Bulgaria
30Apr
Samarco, Vale, BHP propose compensation for Fundão accident

Samarco, Vale and BHP have submitted a non-binding, indicative settlement proposal of BRL 127 billion ($24.8 …

Todor Kirkov Bulgaria
30Apr
Aceros Arequipa Q1 revenue falls, Ebitda improves

Peruvian electric arc furnace-based long steel supplier Aceros Arequipa (AA) saw its first-quarter revenue decline but Ebitda …

Todor Kirkov Bulgaria
29Apr
LatAm March crude steel production falls: worldsteel

South American crude steel production weakened again in March. Output fell for a third consecutive month …

Todor Kirkov Bulgaria
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Heavy Scrap / China / CNY/t 1.0%
KORE 65% Fe / Qingdao CFR USD/t -3.08%
HMS 1&2 80:20 / UAE, delivered basis AED/t 4.0%
HMS 1/2 80:20 / Bangladesh / CFR USD/t 0.0%
CRC / N America Ex-Works USD/s.ton -2.0%
Rebar / Turkey FOB USD/t -0.0%
Billet / CIS-Black Sea FOB USD/t 0.0%
Pig Iron / Black Sea FOB USD/t 1.0%
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HMS 1&2 80:20 / Turkey CFR USD/t -0.0%
KORE 62% Fe / Qingdao CFR USD/t -2.17%
E6 New cutting scrap (DKP) / Turkey / delivered basis, TRY/t 0.6%
Scrap / China / cfr / $/t 0.0%
Wire Rod / China FOB USD/t 0.0%
HRC / N America Ex-Works USD/s.ton -5.0%
Billet / Tangshan Ex-Works CNY/t -1.0%
Shredded Scrap / Turkey / CFR USD/t -0.0%
E2 & E3 Shipbreaking scrap /Turkey / Delivered basis / USD/t -0.6%
KORE 58% Fe / Qingdao CFR USD/t -2.33%
Billet / Saudi Arabia / Ex-Works SAR/t 1.0%
Billet / GCC / CFR USD/t -3.0%
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