Broader markets were generally weaker this morning, Thursday June 25, with those equity markets that were open in the Asian-Pacific region mainly weaker by between 1% and 2%.

Prices for deep-sea origin steel scrap imported to Bangladesh fell over the past week after a new sale from the United States closed at lower numbers, market sources told Fastmarkets on Thursday June 25.

Here are five Fastmarkets stories you might have missed on Wednesday June 24 that are worth another look.

Export prices for Japanese steel scrap fell heavily over the past week with exporters reducing rates to stimulate fresh bookings, market sources told Fastmarkets on Wednesday June 24.

Three-month base metals prices traded on the London Metal Exchange were broadly range-bound during the morning session on Wednesday June 24, with the macro-sensitive complex unsure which direction to follow.

Fastmarkets’ daily and weekly prices for steelmaking raw materials and billet in Asia will not published on Friday July 10 due to the Singapore general election, which falls on that day. The weekly prices will be published on July 9 instead.

Broader markets were consolidating this morning, Wednesday June 24, underpinned by better economic data, but conversely held back by concerns about how the spread of the Covid-19 is accelerating in some regions; the spread in some mining countries is now a potential threat to supply.

Here are five Fastmarkets stories you might have missed on Tuesday June 23 that are worth another look.

Markets underwent a knee-jerk downward reaction earlier this morning, Tuesday June 23, when it looked like the phase one trade deal between the United States and China was over, but markets snapped back once US President Donald Trump announced the deal was “fully intact”.

Fastmarkets is inviting feedback from the industry on its pricing methodology for its Taiwan steel scrap price assessment as part of its annual methodology review process, in compliance with the International Organization of Securities Commissions (Iosco) principles for price reporting agencies.