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

Steel industry headlines from Latin America


CIS iron ore pellet premiums may weaken as supply improves: sources
Mon, 27 Mar 2017 15:24:00 GMT
Lower quality iron ore pellets in particular may be seeing the recent high ... said buyers. The anticipation of Samarcos return to supply after an extended idling and talk that blast furnace grades will be the focus has added to the notion of a ...
http://www.hellenicshippingnews.com/cis-iron-ore-pellet-premiums-may-weaken-as-supply-improves-sources/&c=1529809245359588171&mkt=en-gb


US court cancels most of class action against Samarco over deadly ...
Mon, 27 Mar 2017 10:02:00 GMT
Samarco, which has annual capacity of roughly 30 million tonnes of iron ore, run out of money last year and its debt already is pegged at more than $3.7bn. In a statement Monday, Vale said the US District Court for the Southern District of New York had ...
http://www.mining.com/us-court-cancels-class-action-samarco-deadly-dam-burst/&c=11651701942490395274&mkt=en-gb


Thyssenkrupp Hunts for Exit From Steel -- WSJ
Mon, 27 Mar 2017 01:17:00 GMT
The steel industry is now a global industry and to compete in ... the balance sheet and shifting investment to capital goods. The expected sale of the Brazil plant sets the stage for a successful re-rating of the company based on its capital-goods ...
http://ih.advfn.com/p.php%3Fpid%3Dnmona%26article%3D74186558&c=1989788917590235431&mkt=en-gb


IndustriALL demands fair global steel restructuring
Mon, 27 Mar 2017 00:59:00 GMT
In countries like Brazil, South Korea and the U.S., restructuring is either imposed with little worker input or governments do not provide support that could enable social dialog to minimize impacts on workers. Global Forum on Excess Steel Capacity The ...
http://www.industriall-union.org/industriall-demands-fair-global-steel-restructuring&c=1494023242529813203&mkt=en-gb


More focus needed on ESG factors
Thu, 23 Mar 2017 15:15:00 GMT
Bolton cites the tailings dam disaster in 2015 of iron-ore miner Samarco owned by mining giants Vale and BHP Billiton in a joint venture as an example. Nineteen people were killed, dozens were injured and hundreds of people were displaced when the ...
http://www.miningweekly.com/article/greater-focus-needed-on-esg-factors-2017-03-24/rep_id:3650&c=1145268005510616493&mkt=en-gb


Ramboll engaged by Brazils Federal Public Ministry to oversee ...
Wed, 22 Mar 2017 08:24:00 GMT
Ramboll will evaluate and monitor the work of the Renova Foundation to remediate the damage caused by the dam rupture at the Samarco iron ore mine in Mariana, Minas Gerais. The disaster killed 18 people and resulted in environmental, social and economic ...
http://www.econotimes.com/Ramboll-engaged-by-Brazils-Federal-Public-Ministry-to-oversee-remediation-of-the-Rio-Doce-Basin-604246&c=4528453345050996722&mkt=en-gb


Ferrexpo restores dividend on premium performance
Wed, 22 Mar 2017 07:40:00 GMT
Last year the company cancelled its final dividend as iron ore prices tumbled and its debt pile weighed ... helped in part by a reduction in supply from Samarco in Brazil, which closed following a fatal dam collapse. Revenue for the year to December ...
http://www.telegraph.co.uk/business/2017/03/22/ferrexpo-restores-dividend-premium-performance/&c=2900840214247714449&mkt=en-gb


U.S. Steel (X) Rating Outlook Raised to Stable from Negative ...
Wed, 22 Mar 2017 06:46:00 GMT
cold-rolled steel from China, Japan, Brazil, India, South Korea, Russia and the United Kingdom; hot-rolled coil from Australia, Brazil, Japan, South Korea, the Netherlands, the United Kingdom and Turkey giving rise to import duties. The European Commission ...
https://www.streetinsider.com/Corporate%2BNews/U.S.%2BSteel%2B%2528X%2529%2BRating%2BOutlook%2BRaised%2Bto%2BStable%2Bfrom%2BNegative%2Bat%2BFitch/12694845.html&c=16522461757944249873&mkt=en-gb


U.S. Steel (X) Rating Outlook Raised to Stable from Negative ...
Wed, 22 Mar 2017 06:46:00 GMT
cold-rolled steel from China, Japan, Brazil, India, South Korea, Russia and the United Kingdom; hot-rolled coil from Australia, Brazil, Japan, South Korea, the Netherlands, the United Kingdom and Turkey giving rise to import duties. The European Commission ...
https://www.streetinsider.com/Corporate%2BNews/U.S.%2BSteel%2B%2528X%2529%2BRating%2BOutlook%2BRaised%2Bto%2BStable%2Bfrom%2BNegative%2Bat%2BFitch/12694845.html&c=16522461757944249873&mkt=en-gb


Milled Steel Fiber Reinforced Concrete Global Market in Major ...
Tue, 21 Mar 2017 15:04:00 GMT
Meanwhile, as the market of Milled Steel Fiber Reinforced Concrete(SFRC) industry tends to be saturated in economic developed regions and the consumer market in the region of emerging economies such as China, India, Brazil, etc is on the rise, the demand ...
http://www.emailwire.com/release/360756-Milled-Steel-Fiber-Reinforced-Concrete-Global-Market-in-Major-Countries-Regions-Supply-Analysis-2016.html&c=14882857058931570162&mkt=en-gb


Vale Debt Upgraded, But Stock Reverses
Tue, 21 Mar 2017 06:39:00 GMT
Constraining the ratings are the challenging fundamentals for iron ore, its key earning driver ... by the uncertainties regarding the level of support Vale will provide to Samarco or the outcome of existing litigations and the impact it would have on ...
http://blogs.barrons.com/emergingmarketsdaily/2017/03/21/vale-debt-upgraded-but-stock-reverses/&c=18102170319140461578&mkt=en-gb


Lack of steel seen in surging iron-ore price
Sat, 18 Mar 2017 15:08:00 GMT
If Trump gets that approved, the only way for steel and iron-ore prices is up, Masilela said ... saying physical demand in China for high-grade iron ore from Australia and Brazil was firm, but not for lower-grade material.
http://www.timeslive.co.za/sundaytimes/businesstimes/2017/03/19/Lack-of-steel-seen-in-surging-iron-ore-price&c=3694287766001416608&mkt=en-gb


Brazil's domestic steel sales down 2.9% in February
Fri, 17 Mar 2017 15:09:00 GMT
Local steel sales in Brazil declined by 2.88% year-on-year in February, according to figures published by the countrys steel institute, Ao Brasil, on Friday March 17. Sales of finished steel products to the local market reached 1.21 million tonnes ...
https://www.metalbulletin.com/Article/3670585/Brazils-domestic-steel-sales-down-29-in-February.html&c=8038537808783778434&mkt=en-gb


Brazil court suspends lawsuit over Samarco mine disaster
Thu, 16 Mar 2017 23:07:00 GMT
Brazilian iron ore miner Vale said on Thursday that a federal court in Minas Gerais has suspended a case brought by prosecutors seeking 155 billion reais ($US49.7 billion) in damages for the 2015 Samarco mine disaster. Vale said in a securities filing the ...
http://www.afr.com/business/mining/iron-ore/brazil-court-suspends-lawsuit-over-samarco-mine-disaster-20170317-gv0q5w&c=16077350641446070582&mkt=en-gb


BusinessNow: Live coverage of financial markets and companies ...
Thu, 16 Mar 2017 23:04:00 GMT
In resources, traders eyed a negligible gain in iron ore prices and flat oil prices and decided it ... US50 billion lawsuit against the mining firms responsible for the 2015 Samarco tailings dam disaster, as negotiations between the companies and ...
http://www.theaustralian.com.au/business/businessnow/businessnow-live-coverage-of-financial-markets-and-companies-plus-analysis-and-opinion/news-story/f7244f9064f93ef12619965ab6a46115&c=919640991169399161&mkt=en-gb


Brazil mine disaster lawsuit suspended
Thu, 16 Mar 2017 20:00:00 GMT
A Brazilian court has suspended a case brought by prosecutors seeking 155 billion reais ($A64.8 billion) in damages for the 2015 Samarco mine disaster, iron ore producer Vale SA says. It says, in a securities filing, that the federal court in Minas Gerais ...
https://au.news.yahoo.com/a/34681636/brazil-mine-disaster-lawsuit-suspended/&c=10046552429076349823&mkt=en-gb


China steel drops from 3-yr top, cuts iron ores gains
Thu, 16 Mar 2017 16:26:00 GMT
Physical demand in China for high-grade iron ore from top suppliers Australia and Brazil remains firm, said the Beijing-based trader, but not so for lower grade material. Because steel mills profits are quite okay, they prefer higher-grade products ...
http://www.hellenicshippingnews.com/china-steel-drops-from-3-yr-top-cuts-iron-ores-gains/&c=5037886911962523643&mkt=en-gb


DryShips: Shipping Rates
Wed, 15 Mar 2017 21:48:00 GMT
And DryShips has no Capesize vessels. The soaring Capesize rates seems to be driven by iron transport from Brazil to China for Chinese steel production. Chinese steel production is not a free market activity. The Baltic Dry Index is up again today ...
http://seekingalpha.com/article/4055647-dryships-shipping-rates&c=18307234721515782199&mkt=en-gb


Steel Sandwich Panels Market Expects The Burgeoning Construction ...
Wed, 15 Mar 2017 09:41:00 GMT
This report studies Steel Sandwich Panels in the global market, especially in United States, Canada, Mexico, Germany, France, UK, Italy, Russia, China, Japan, India, Korea, Southeast Asia, Australia, Brazil, Middle East and Africa. This report also splits ...
http://www.marketwatch.com/(S(rnrsydaynixa5x55oiibxm45))/story/steel-sandwich-panels-market-expects-the-burgeoning-construction-industry-to-enhance-future-demand---marketintelreports-2017-03-15&c=9025148488480412250&mkt=en-gb


Thailand extends steel tariffs for two months
Tue, 14 Mar 2017 22:18:00 GMT
Bangkok Post reported that the Thailand government will extend anti-dumping tariffs on steel pipes from China and South Korea and coiled and uncoiled hot-rolled steel from Brazil, Iran and Turkey until May 15 to protect the local industry.....more
https://steelguru.com/steel/thailand-extends-steel-tariffs-for-two-months/476064&c=1300821759319811431&mkt=en-gb


Number of news reports: 20




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