Editor Vera Blei looks at the main news covered by Steel First over the past week.

Global billet prices moved in different directions during the week ended Friday May 4, with limited supply and improved demand pushing prices up for Southeast Asia’s imports, China’s domestic market and Turkey’s exports.

State-owned Saudi Arabian steel producer Hadeed Sabic plans to investment in a new product, although the details have yet to be announced, company president Mohammed Al-Zahrani said on Tuesday December 11.

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

The global billet market showed signs of reaching a turning point last week, as prices in most regions took a downward turn following developments in the Turkish scrap market.

Brazilian long steel imports were 52.6% higher in September compared with the corresponding month last year.

Metal Bulletin has amended its Brazilian domestic steel prices to reflect standard market practices, making changes to the calculation of its monthly assessments.

The Wuhan coronavirus will likely influence fundamentals in China’s steel market and Chinese export trends in the near future, sources told Fastmarkets this week.

The latest news and price moves to start the Asian day on Wednesday November 14.

Export prices for long steel products in Brazil were all stable during May, due to thin trading activity, sources told Metal Bulletin.