Venezuela’s hot briquetted iron export prices slashed by $US 50 per mt

  Platts – Venezuelan hot-briquetted iron export prices this week continued to edge down for April bookings as sellers accepted lower bids and offers fell around $50/mt in line with the international trend, sources said Thursday. A Venezuelan trader said he booked this week around 30,000 mt for $250/mt FOB ...

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Solb Misr to pump $US 200m in investments

  DailyNewsEgypt – Gamal El-Garhy, chairman of Solb Misr Company, said his company plans to pump approximately EGP 1.6bn, or $200m, in investments during the coming period. “We have some investments that we are currently developing,” he said, adding that the investment plan will last till 2017. The company is ...

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Arab DRI production dropped in 2014

ArabMetal – Arab countries produced 17.2 million tons of DRI in 2014, a decline of – 5.41% compared to the production of 18.17 million tons in the year 2013. The biggest decline was: UAE by – 21.66% to 2.41 million tons, Egypt by – 16.03% to 2.882 million tons and ...

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