Steel industry news headlines - South America.
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Steel News - South America

Steel industry headlines from Latin America


Broker slaps buy rating on BHP Billiton Limited
Thu, 20 Jul 2017 18:32:00 GMT
This week BHP reported that total iron ore production hit a record 231 million tonnnes for ... a US$250 million compensation program it has put in place for victims of the Samarco dam disaster in Brazil, with some US$47.5 billion in public civil claims ...
http%3a%2f%2fwww.fool.com.au%2f2017%2f07%2f21%2fbroker-slaps-buy-rating-on-bhp-billiton-limited%2f&c=14046986561724787908&mkt=en-gb


Latin America: Crude steel production up 12% and finished steel ...
Thu, 20 Jul 2017 00:00:00 GMT
Latin America in January-May 2017: 26.4 million tons reached the steel crude production 21.7 million tons was the finished steel production 27.4 million tons recorded the apparent steel consumption 18% increase the total imports of Latin American steel...
http://www.alacero.org/en/page/prensa/noticias/latin-america-crude-steel-production-up-12-and-finished-steel-production-grew-4


EU targets Irans steel exports with hefty duties
Wed, 19 Jul 2017 22:43:00 GMT
Brazil, Russia and Ukraine are the other countries which the ... In June, China reacted furiously after the European Union set duties of up to 35.9 percent on Chinese hot-rolled steel. Eurofer has said Iranian exports to Europe had leapt to more than ...
http%3a%2f%2fpresstv.com%2fDetail%2f2017%2f07%2f19%2f528968%2fIran-steel-exports-EU-duties-Mobarakeh&c=7347463457738699480&mkt=en-gb


U.S. steel tariffs likely to trigger swift EU 'safeguard': sources
Wed, 19 Jul 2017 13:54:00 GMT
When former U.S. President George Bush imposed steel tariffs of up to 30 percent in 2002, the EU swiftly responded with safeguards. Alongside China, Japan, South Korea, Norway, Switzerland, Brazil and New Zealand, the EU also took the case to the WTO and ...
http%3a%2f%2fwww.reuters.com%2farticle%2fus-usa-trade-steel-eu-idUSKBN1A41XR&c=10539697458221969188&mkt=en-gb


U.S. steel tariffs likely to trigger swift EU 'safeguard': sources
Wed, 19 Jul 2017 13:54:00 GMT
When former U.S. President George Bush imposed steel tariffs of up to 30 percent in 2002, the EU swiftly responded with safeguards. Alongside China, Japan, South Korea, Norway, Switzerland, Brazil and New Zealand, the EU also took the case to the WTO and ...
http%3a%2f%2fwww.reuters.com%2farticle%2fus-usa-trade-steel-eu-idUSKBN1A41XR&c=10539697458221969188&mkt=en-gb


U.S. steel tariffs likely to trigger swift EU 'safeguard': sources
Wed, 19 Jul 2017 13:54:00 GMT
When former U.S. President George Bush imposed steel tariffs of up to 30 percent in 2002, the EU swiftly responded with safeguards. Alongside China, Japan, South Korea, Norway, Switzerland, Brazil and New Zealand, the EU also took the case to the WTO and ...
http%3a%2f%2fwww.reuters.com%2farticle%2fus-usa-trade-steel-eu-idUSKBN1A41XR&c=10539697458221969188&mkt=en-gb


BHP Billiton meets iron ore, met coal output guidance, both to ...
Wed, 19 Jul 2017 11:36:00 GMT
All of BHPs iron ore production currently comes via Western Australia due to the suspension of operations at its Brazilian Samarco mine following a dam failure in 2015. The company saw an average realized price for iron ore of $58/wmt in fiscal 2016 ...
http%3a%2f%2fwww.hellenicshippingnews.com%2fbhp-billiton-meets-iron-ore-met-coal-output-guidance-both-to-grow-in-fiscal-2017-2018%2f&c=11745420048242182987&mkt=en-gb


EU steel body criticizes steel tariff plan to counter dumping
Wed, 19 Jul 2017 08:00:00 GMT
... Eurofer criticized on Thursday measures set out by the European Commission to counter dumping of hot-rolled steel from Brazil, Iran, Russia and Ukraine. The Commission, which oversees trade policy in the 28-member European Union, has set out plans to ...
http%3a%2f%2fwww.reuters.com%2farticle%2fus-eu-steel-tariffs-idUSKBN1A52H3&c=15621874798026506805&mkt=en-gb


Escondida copper mine key to BHP Billiton growth ambition
Wed, 19 Jul 2017 06:56:00 GMT
That would be a dramatic contrast with the year just ended, where BHP experienced (with the exception of iron ore and energy coal ... and the continuing costs and lost production of the Samarco disaster that affected operations in 2016-17 BHP ought ...
http%3a%2f%2fwww.theaustralian.com.au%2fbusiness%2fopinion%2fstephen-bartholomeusz%2fescondida-copper-mine-key-to-bhp-billiton-growth-ambition%2fnews-story%2fbaeddf3245cf7dd06b8bcdc696aec425&c=16383549224187673074&mkt=en-gb


EU proposes 33pct duties on HR import from Brazil, Iran, Russia ...
Wed, 19 Jul 2017 00:49:00 GMT
Reuters - reported that the European Union is planning to impose duties of up to 33% on hot-rolled steel imports from Brazil, Iran, Russia and Ukraine to counter what it sees as unfairly low prices. The European Commission launched an investigation int.....more
https%3a%2f%2fsteelguru.com%2fsteel%2feu-proposes-33pct-duties-on-hr-import-from-brazil-iran-russia-ukraine-report%2f485581&c=17543470210216307595&mkt=en-gb


EU intends to impose duties on steel imports from Ukraine
Wed, 19 Jul 2017 00:41:00 GMT
The European Union is planning to impose duties of up to 33% on hot-rolled steel imports from Brazil, Iran, Russia and Ukraine to counter what it sees as unfairly low prices, according to a document seen by Reuters - , reads the report. The European ...
https%3a%2f%2fwww.ukrinform.net%2frubric-defense%2f2269145-eu-intends-to-impose-duties-on-steel-imports-from-ukraine.html&c=12708586584311376417&mkt=en-gb


UK Stocks-Factors to watch on July 19
Wed, 19 Jul 2017 00:18:00 GMT
BHP BILLITON: BHP Billiton's fiscal fourth quarter iron ore output rose 8 percent from a year ago ... BHP BILLITON: Vale SA on Tuesday said a Brazilian judge suspended a lawsuit over the miner Samarco Minerao SA's dam collapse in November 2015.
http%3a%2f%2fwww.reuters.com%2farticle%2fbritain-stocks-factors-idUSL3N1KA2DZ%3ffeedType%3dRSS&c=14065128620260291509&mkt=en-gb


BHP hits iron ore, petroleum guidance
Tue, 18 Jul 2017 17:27:00 GMT
... 280 million tonnes of iron ore at the Western Australia Iron Ore operation, with its share expected to come in between 239 million and 243 million tonnes. Mining and processing at the Samarco joint venture operations in Brazil remain suspended and BHP ...
https%3a%2f%2fau.news.yahoo.com%2fa%2f36426158%2fbhp-hits-fy-guidance-for-iron-ore-output%2f&c=2623328553170403151&mkt=en-gb


Brazilian judge suspends Samarco dam disaster civil claim indefinitely
Tue, 18 Jul 2017 17:16:00 GMT
Vale the worlds largest iron-ore producer, said in a press release that the judge's decision on Monday did not change the terms of a court decision that extended the deadline for Samarco parent companies Vale and BHP Billiton to negotiate a settlement ...
http%3a%2f%2fwww.miningweekly.com%2farticle%2fbrazilian-judge-suspends-samarco-dam-disaster-civil-claim-indefinitely-2017-07-19&c=16799124946670424472&mkt=en-gb


EU proposes duties on Brazil, Iran, Russia, Ukraine steel
Tue, 18 Jul 2017 10:45:00 GMT
LONDON Reuters - The European Union is planning to impose duties of up to 33 percent on hot-rolled steel imports from Brazil, Iran, Russia and Ukraine to counter what it sees as unfairly low prices, according to a document seen by Reuters - . The EU has ...
http%3a%2f%2fwww.reuters.com%2farticle%2fus-eu-steel-tariffs-idUSKBN1A31Q4&c=9218341204137018781&mkt=en-gb


BHP ready to grow production again after two years of shrinking ...
Mon, 17 Jul 2017 19:31:00 GMT
But there was never supposed to be a decline in iron ore output; the Samarco disaster of November 2015 has robbed BHP of about 15 million tonnes per year. UBS believes BHP's iron ore exports (excluding tonnes owned by joint venture partners like Itochu ...
http%3a%2f%2fwww.afr.com%2fbusiness%2fmining%2fgrowth-around-the-corner-after-bhps-big-shrink-20170717-gxcv5k&c=570277821938708039&mkt=en-gb


Brazil steel industry to revise forecasts
Sun, 16 Jul 2017 22:02:00 GMT
Valor Econmico reported that Brazilian steelmakers are expected to make a downward adjustment to sales and consumption forecasts for 2017. The decision results from to the slow pace of the country's economic recovery.....more
https%3a%2f%2fsteelguru.com%2fsteel%2fbrazil-steel-industry-to-revise-forecasts%2f485351&c=7962691585091551669&mkt=en-gb


Can This Steel ETF Bounce Back From Tough Times
Sat, 15 Jul 2017 13:07:00 GMT
The most surprising thing about the VanEck steel ETF is its geographical diversity. U.S. companies make up just 40% of its assets, with double-digit percentages coming from Brazil, the U.K., and the Netherlands. Allocations to tax havens like the Bahamas ...
https%3a%2f%2fwww.fool.com%2finvesting%2fetf%2f2017%2f07%2f15%2fcan-this-steel-etf-bounce-back-from-tough-times.aspx&c=4298330680755326620&mkt=en-gb


Iron ore tops $US70 a tonne, but how much longer can the rally ...
Sat, 15 Jul 2017 08:00:00 GMT
The company has forecast iron ore production to rise by between 3 per cent and 5 per cent in fiscal 2018, and that could be higher if the controversial Samarco operation wins approval to restart within the next year. BHP said its average realised price ...
http%3a%2f%2fwww.afr.com%2fbusiness%2fmining%2firon-ore%2firon-ore-tops-us70-a-tonne-20170719-gxeqwg&c=4043796564737299145&mkt=en-gb


GLOBAL SLAB WRAP: Prices start recovery after weak June
Fri, 14 Jul 2017 15:57:00 GMT
In the end of June, slab suppliers in Brazil were heard to be in waiting mode, as flat steel prices from China were persistently rising. In early July, offers started coming at as high as $390 per tonne fob, while buying interest remained close to $380 per ...
https%3a%2f%2fwww.metalbulletin.com%2fArticle%2f3733684%2fCarbon-steel%2fGLOBAL-SLAB-WRAP-Prices-start-recovery-after-weak-June.html&c=12341351292220878096&mkt=en-gb


Number of news reports: 20




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