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Turkish steelmakers speeded up their deep-sea scrap purchases at the end of the week, with Asian demand for steel products increasing sharply since China confirmed the cancellation of its export tax rebate on some steel products, sources told Fastmarkets on Friday April 30.
Seaborne coking coal prices climbed in the cfr market amid tight supply and rising offers on Friday April 30, but inched lower in the fob market amid soft buying activity, market sources told Fastmarkets.
France’s winter cereal condition ratings continued to fall over the week as the EU’s biggest producer and exporter deals…
The London Metal Exchange will announce the results of its discussion paper on market structure on or around June 8 and has not yet made any decisions on the whether to reopen the ring, it said.
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