Global scrap prices pushed up in the working week from Monday June 5 to Friday June 9, except on the US East Coast.

Bulk scrap purchasing in the Bangladesh import market is under pressure, largely due to inflated inventories of material and high offer prices, market sources told Fastmarkets on January 10.

Indian steel product export prices could fall if high import tariffs are applied to steel from countries such as South Korea, Turkey and Japan by the United States, sources have told Metal Bulletin.

Global steel scrap prices softened in the week ended Friday July 6, amid a fall in demand across most regions. Turkey booked no new deep-sea cargoes and the Indian market was also quiet, while prices on the East Coast of the United States remained flat due to a lack of deals.

The steel export trade from Iran has been hurt by neighboring countries closing their borders due to the appearance of coronavirus infection in the Middle Eastern country, Fastmarkets learnt on Friday February 28.

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

Metal Bulletin reviews the major stories that have affected the steel market over the past week.

Emirates Steel, the UAE’s largest integrated steel producer, recorded a 33% year-on-year increase in steel production in the third quarter of 2012, the company said in a results statement on Sunday November 11.

Fastmarkets MB’s weekly price assessments for the CIS export steel market will not be published on October 15 because of a public holiday in Ukraine.

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 July 2018.