DNPM TEM NOVO DIRETOR-GERAL

O presidente em exercício, Michel Temer, e o ministro de Minas e Energia, Fernando Coelho Filho, nomearam Victor Hugo Froner Bicca para exercer, interinamente, o cargo de diretor-geral do Departamento Nacional de Produção Mineral (DNPM). A nomeação está no Diário Oficial da União (DOU).

STEEL DYNAMICS BUY VULCAN THREADED PRODUCTS

Steel Dynamics agreed to acquire Vulcan Threaded Products, the largest U.S. manufacturer and supplier of threaded rod products, for $126M, including $42M in working capital.

WELDBEND AND BOLTEX, FROM THE U.S., FILE ANTIDUMPING PETITIONS AGAINST INDIA, SPAIN AND ITALY

Two producers of carbon steel flanges, Weldbend Corporation and Boltex Mfg. Co., today filed anti-dumping petitions with the US Department against India, Spain and Italy.

PREÇO DA SUCATA CAI PARA US$ 218 NA TURQUIA E FICA ESTÁVEL EM US$ 250 NOS EUA

O preço da sucata ferrosa caiu 2,2% na semana passada na Turquia, para US$ 218 por tonelada.

Nos Estados Unidos, o preço ficou estável em US$ 250.

Os preços médios e variação no período foram, segundo o TSI:

- Turquia: US$ 218 /t (-2.2%)

- Estados Unidos: US$ 250 /t longa(0.0%)

- Taiwan: US$ 204 /t (-0.5%)

- Índia: US$ 232 /t (0.0%)

FERROUS SCRAP PRICES FALL TO US$ 218 IN TURKEY AND REMAINS AT US$ 250 IN THE U.S.

Ferrous scrap prices went down 2.2% last week in Turkey, to US$ 218 per tonne.

In the U.S. scrap remained at US$ 250 per long tonne.

The average prices and variation in the period were, according to TSI:


- Turkish imports HMS #1&2 80/20 scrap, CFR Turkish port: US$ 218 /metric tonne (-2.2%)

- US domestic obsolete shredded scrap, delivered US mill: US$ 250 /long ton (0.0%)

- Taiwanese imports HMS #1&2 80/20 scrap, CFR Taiwan port: US$ 204 /metric tonne (-0.5%)

- Indian imports obsolete shredded scrap, CFR Nhava Sheva port: US$ 232 /metric tonne (0.0%)

UK STAINLESS SCRAP PRICES RISE BY US$ 54-67

UK inter-merchant prices for austenitic alloy steel scrap rose by £40-50 ($54-67) per tonne after sterling weakened against the dollar following the UK’s decision to leave the EU, sources told Steel First on Friday July 1.

BRAZIL'S SUPERIOR COURT SUSPENDES RATIFICATION OF REPARATIONS DEAL WITH SAMARCO AND ITS OWNERS (VALE AND BHP BILLITON)

Brazil’s Superior Court of Justice has suspended the ratification of a reparations deal for the Fundao tailing dam tragedy agreed with pellet producer Samarco and its owners Vale and BHP Billiton.

EASTERN CHINA'S FERROUS SCRAP STEADY AT US$ 209

Ferrous scrap prices in eastern China have held steady for the second straight week, as steel mills in the region were stepping back to see what would happen next.

S&P Global Platts assessed heavy melting scrap 6 mm and above thick Friday at Yuan 1,390/mt ($209/mt), including 17% value added tax (VAT), delivered to Zhangjiagang, Jiangsu province, unchanged from a week earlier.

Jiangsu Shagang Group, the largest scrap consumer in China, continued to hold its buying price of heavy melting scrap 6 mm and above thick unchanged over the past week.

Shagang's buying price was at Yuan 1,390/mt, including 17% VAT, delivered to Zhangjiagang, Jiangsu province.

CRIMINAL CASE ON EXPLOSION AT BAKU STEEL (AZERBAIJAN)

A criminal case has been opened on the explosion that occurred at Baku Steel Company's plant on June 30, leaving six people injured.

The criminal case was initiated under the Article 162 (infringement of a labor safety rules) of the Criminal Code, investigation is underway.

On June 30, an explosion occurred at Baku Steel Company's plant as a result of which six people – Alasgar Alasgarov, Elsavar Ibadullayev, Mammad Karimov, Nusraddin Safarov and Natig Salmanov were injured.

EM 4 SEMANAS, MINÉRIO DE FERRO TEVE ALTA DE 9%

O preço do minério de ferro teve alta de 9,1% no acumulado de 4 semanas.

A informação é do TSI.

IN 4 WEEKS, IRON ORE PRICE WENT UP 9%

In 4 weeks, the price of iron ore went up 9.1%.

The information is from TSI.

MINÉRIO DE FERRO SOBE 5,1% NA SEMANA

O preço do minério de ferro subiu 5,1% no acumulado desta semana, segundo o TSI.

A informação é para o produto 62% Fe negociado em Tianjin.

IRON ORE GOES UP 5.1% THIS WEEK

Iron ore went up 5.1% accumulated this week, according to TSI.

The information refers to ore 62% Fe.

MINÉRIO 63% VAI A US$ 55,00; PRODUTO 65% ESTÀ EM US$ 57,80

O minério 63% Fe teve preço de US$ 55,00 nesta sexta-feira.

O produto 65% foi cotado a US$ 57,80.

A informação é do TSI.

ORE 63% GOES TO US$ 55.0; PRODUCT 65% IS AT US$ 57.8

Ore 63% Fe price went to US$ 55.0 per tonne this Friday.

The product 65% went to US$ 57.8 per t.

The information is from TSI.

MINÉRIO DE FERRO CAI PARA US$ 54,00

O preço do minério de ferro caiu 0,4% nesta sexta-feira para US$ 54,00 por t.

A cotação é para o produto 62% negociado em Tianjin, segundo o TSI.

IRON ORE FALLS TO US$ 54.0

Iron ore price went down 0.4% this Friday, to US$ 54.0 per tonne.

The price is for the product 62% negotiated in Tianjin, according to TSI.

GOLDMAN SACHS FORECASTS THAT STEEL CONSUMPTION IN CHINA WILL SHRINK 2% BOTH IN 2017 AND 2018

Goldman Sachs is forecasting that steel consumption in China will shrink again from next year after a brief respite in 2016, and the nation's iron ore imports will eventually start to decline too as policy makers shift the economy away from investment.

Steel demand will contract 2 per cent in 2017 and a further 2 per cent in 2018 following a 1 per cent expansion this year, Goldman said in a report received on Friday that summarised results of new modelling. China's steel consumption may end up dropping as much as 20 per cent, according the bank.