As competition in the global steel markets remains fierce, Metal Bulletin provides an update on the new, progressing and closed trade cases from around the world in November 2017.

The safeguard investigation by the European Commission (EC) into steel product imports is likely to result in quotas being applied instead of tariffs, according to the International Rebar Producers & Exporters Association (Irepas).

Sentiment in the CIS billet export market improved on Thursday June 7 after the resumption in scrap and rebar trading between Turkey and the United States earlier in the week.

The long steel industry in Brazil is marked by fierce competition, but the rivalry among local mills seems to be increasing.

Here are five Fastmarkets MB stories you might have missed on Thursday July 25 that are worth another look.

Steel billet prices fell in almost all regions last week, following the downtrend in scrap and a weakness in Chinese domestic market.

Steel billet prices in most markets were stable or continued to slide in the week from Monday May 28 to Friday June 1, due to thin trading activity, falling scrap prices, and uncertainty about the United States renewing its sanctions on Iran.

The price spread between higher and lower grades of iron ore continued to widen in 2017, mainly as a result of Chinese’s steelmakers’ growing profit margins.

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

Offer prices for bulk ferrous scrap cargoes to Bangladesh have increased over the past week after higher prices were paid elsewhere in Asia, but several buyers remained out of the market, sources told Fastmarkets on Thursday May 14.