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.

China’s spot steel prices were mixed on Wednesday May 30 with prices of some steel products rebounding while those of others fell.

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

The upcoming Lunar New Year period is expected to dampen demand for steel in Asia, although the extent to which it does so continues to depend on the ongoing winter production cuts in China that are scheduled to last until mid-March this year.

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.

Fastmarkets proposes to discontinue its weekly export price assessment for rebar in Latin America, which is made on a $ per tonne fob main port basis.

Good morning from Fastmarkets MB’s offices in Asia as we bring you the latest news and pricing stories on Friday December 28.

Fastmarkets MB presents the key things we learned when the ferro-alloys community gathered for a busy week of meetings and contract negotiations in Lisbon at the 34th International Ferro-alloys Conference on November 11-13.

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

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.