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 European long steel market is expected to weaken next month amid slack demand and downward pressure from scrap prices.

The latest news and price moves to start the Asian day on Tuesday March 20.

The Trump administration’s surprise doubling of Section 232 duties on Turkish steel imports has gone into effect and could hammer US ferrous scrap prices as well as the steel trade landscape.

Here are five Fastmarkets MB stories you might have missed on Thursday November 28 that are worth another look.

Prices in most locations moved up this week, with Chinese mills out of the market due to the weeklong Lunar New Year and continued strong scrap prices.

Steel price trends and market fundamentals in China set the heartbeat for the international spot market.

The offtake agreement that sees Glencore market the vanadium pentoxide (V2O5) produced by Largo Resources in Brazil will not be renewed when it expires on April 30, 2020, the latter said late on Tuesday August 20.

Prices decreased in most markets last week, with demand for rebar remaining subdued in many regions, but a recovery in prices for semi-finished material in China led to improved sentiment in some countries later in the week.

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