Two more steel producers in Italy have stopped operations following the recent nationwide extension of the country’s coronavirus-related quarantine area, and more stoppages were expected, sources told Fastmarkets on Thursday March 12.

Metal Bulletin will publish certain price assessments for long steel and billet products in Turkey on Friday August 31, 2018, instead of Thursday August 30, because of the country’s Victory Day public holiday.

The seaborne iron ore market maintained its momentum in March, even with the Covid-19 pandemic causing turmoil for the global economic outlook and leading to steel production cuts and weakening demand outside of China.

Here are five Fastmarkets MB stories you might have missed on Friday April 12 that are worth another look.

India’s JSW has launched a bid to purchase steelmaker Monnet Ispat Steel, representatives of both companies confirmed to Metal Bulletin on Monday January 29.

The EU market for finished long steel products has been looking up recently amid expectations that Algerian buyers will return to active trading.

Iran’s imports of long products have fallen dramatically, raising concerns about the effects on inventory levels in the future.

The fate of the steel world continues to hang in the balance: Numerous scrapyards have stopped operations, blast furnaces around the world have stopped and aggressive offers by traders for Russian and Indian supply have pushed prices down further.

The latest news and price moves to start the Asian day on Wednesday November 7.

Metal Bulletin reviews the major stories affecting the steel market over the past week.