Global scrap markets were looking for a clear direction, with international prices inching upward, while demand was moderate during the working week from Monday June 19 to Friday June 23.

Here are five Fastmarkets MB stories you might have missed on Friday February 8 that are worth another look.

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.

The US ferrous scrap market idled into neutral on news that Section 232 tariffs will take effect in the coming week, with buyers holding internal discussions and dealers afraid to sell below fair market price - but roared back to life by end of Friday March 2.

Changes in tax rebates for chromium-containing alloyed steel exports would be more important than the recently-announced cuts in export duties for boron-containing steel, traders in Asia told Metal Bulletin this week.

With port stocks high and prices tumbling, the iron ore market could be in for a turbulent time as China's economy slows down ahead of the winter.

Chinese steelmakers’ narrowing margins and improvements in the supply of Brazilian iron ore have resulted in lower penalties for alumina content in the steelmaking raw material recently, though there are factors that could raise buyers’ sensitivity toward this impurity in the coming months.

The Chinese domestic price for silico-manganese has drifted downward significantly in recent assessments because some alloy smelters reduced their offer prices to attract buying interest and generate cash amid the sluggish demand circumstances created by the outbreak of the 2019-nCoV coronavirus, market participants have told Fastmarkets.

Turkish long steel producer Koç Metalurji intends to halt steel production to allow maintenance work during the first month of 2019, a mill source told Fastmarkets on Wednesday November 28.

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