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Metinvest sells HRC, CRC below offer levels 27 Aug 2013 | 05:40 pm

Ukrainian steelmaker and exporter Metinvest has sold some of its September-produced hot rolled coil (HRC) and cold rolled coil (CRC) at $5-15 below the initial offer level, according to market partici...

MILLING ABOUT: Scholtz will quit as head of Evraz vanadium sales 27 Aug 2013 | 05:19 pm

John Joseph Scholtz is to leave his role as head of vanadium sales at East Metals (Evraz), Metal Bulletin can confirm.

O'Hegarty resigns as LME deputy ceo 27 Aug 2013 | 04:45 pm

London Metal Exchange deputy ceo Diarmuid O’Hegarty is to leave his position at the end of a six-month notice period, the exchange announced on Tuesday August 27.

IRON ORE DERIVATIVES WRAP: Swaps prices edge down on subdued physical market 27 Aug 2013 | 04:32 pm

Iron ore swaps prices edged down on Tuesday August 27 as the physical market saw limited trading activity.

LME names Garry Jones, ex-NYSE Liffe, as new ceo [UPDATE] 27 Aug 2013 | 03:35 pm

Garry Jones, the former head of NYSE Liffe, has been named the new ceo of the London Metal Exchange (LME), replacing Martin Abbott.

CHINA STEEL WRAP: Flats prices down, longs prices up 27 Aug 2013 | 03:08 pm

China’s spot steel markets reversed roles on Tuesday August 27, as weak demand pushed flats prices back down, while rebar prices recovered ground lost on Monday on increased transactions.

Shanghai copper price down on weak US data 27 Aug 2013 | 03:01 pm

Copper prices on the Shanghai Futures Exchange moved down on Tuesday August 27 as weak data from the USA stoked concerns about the country’s economic recovery.

Spot 63.5% Fe iron ore prices flat on Tuesday 27 Aug 2013 | 02:54 pm

China’s imported iron ore market saw little movement on Tuesday August 27 on thin trading activity.

Ukrainian wire rod export price range narrows 27 Aug 2013 | 02:42 pm

Ukraine wire rod export prices for September rolling have narrowed to $580-$585 per tonne fob Black Sea, from $570-$590 per tonne fob previously, market participants told Steel First.

Indian mills aim for big HRC price hikes on rupee weakness 27 Aug 2013 | 01:58 pm

Indian mills are planning to try for a big increase in domestic hot rolled coil prices, claiming that a sharp decline in the rupee’s value has made imports completely unviable.

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