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  • LatAm-US steel shipments surge

    6/23/17
    Latin America's steel exports to the US surged in May. Shipments were 821,000t, up from 667,000t in the same month last year, according to preliminary data from the US Census Bureau. By value, exports rose to US$508mn from US$315mn....

  • METALS: The week in 10 stories

    6/23/17
    Apparent consumption of finished steel in Latin America was 22.4Mt in the first four months of the year, up 7% when compared with the same period of 2016, regional steel association Alacero reported. The largest increases in steel...

  • Usiminas inks slabs supply deal with CSA

    6/23/17
    Brazilian steelmaker Usiminas has signed an MOU to buy slabs from ThyssenKrupp's CSA steel plant (pictured), in Rio de Janeiro. CSA's steel slabs will supply Usiminas' Cubatão plant, in neighboring São Paulo state. "The MOU does ...

  • Gold, silver seen roughly stable in 2017

    6/21/17
    Gold and silver prices are forecast to remain roughly stable in 2017, according to analysts. Average gold price forecasts are US$1,245/oz, down US$5 on 2016 prices, S&P Global Market Intelligence director Chris Hinde said in a...

  • Brazil's crude steel output up in Jan-May

    6/20/17
    Brazilian crude steel production rose 14.2% year-on-year to 14.1Mt in the first five months of 2017, according to data from local steel industry association IABr. But domestic steel sales in the period fell 2.2% to 6.58Mt, the...

  • Brazil's Ferbasa revenue jumps in May

    6/19/17
    Brazilian ferroalloy producer Ferbasa's May net sales rose 15.1% year-on-year to 99.7mn reais (US$30.3mn), the company said in a release But sales, by volume, fell 20.4% to 18,600t, with high-carbon ferrochrome sales reaching 13,300...

  • Gold, silver hit one-month lows

    6/19/17
    Gold and silver hit one-month lows Monday, under pressure from a stronger US dollar and investor selling. The yellow metal fell US$7.25 to US$1,248.15/oz in London, with silver down nine cents at US$16.67/oz. Both metals closed at...