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Domestic prices for hot-rolled coil in the EU increased over the week to Friday April 30, going above €1,000 ($1,205) per tonne for the first time.
The European Commission (EC) will set provisional anti-dumping duties of 13.40-34.60% on cold-rolled stainless steel from India and Indonesia, the EC said on Friday April 30.
Turkish deep-sea scrap import prices have increased sharply since China decided to remove the export tax rebate on some steel products. But demand among major scrap importers in Asia was still limited because of upcoming holiday periods in the region.
Brazilian flat steel producers are poised to raise domestic prices by 10-18% in May, due to rising global steel and raw materials values, along with resilient local demand, market participants told Fastmarkets this week.
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