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.