Gulf Co-operation Council (GCC) countries are finding common ground over the threat from steel being redirected as a result of the United States decision to impose tariffs on imports.

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

Rebar exporters in Turkey are expecting the anti-dumping investigation against imports of the product into the USA to lead to small duties, Celsa’s international commercial director, Kim Marti said on Tuesday April 1 at the International Rebar Exporters and Producers Assn (Irepas) meeting.

Finished long steel prices in Europe have continued to go up through August, supported by reduced supplies during the summer holidays, as well as by costlier raw materials.

Fastmarkets MB will not publish price assessments for steel products in China during the period October 1-5, 2018, due to the week-long National Day holidays.

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

The reduced availability of steel billet and increased prices for ferrous scrap resulted in the global steel billet market trending mostly upward during the week ended Friday March 9, Metal Bulletin has learnt.

Chinese steel prices have been rangebound in June despite plunging inventory levels, with trade war fears and economic jitters keeping market participants on the sidelines for most of the month.

Steel suppliers from around the world rushed to fill up the gaping hole left behind by China’s withdrawal from the export market in 2017, with domestic production cuts in key Chinese steel-producing regions cutting supply and driving up domestic prices.

Market participants contacted by Metal Bulletin disagreed on the outlook for the European rebar and wire rod market for May 2017.