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.

The uncertainty created by the announcement of import tariffs under Section 232 in the United States kept Turkish steel mills out of the deep-sea scrap markets during the working week from Monday March 19 to Friday March 23, although strong demand in the US domestic market kept sentiment positive.

Long steel imports into Brazil increased by 36.4% in 2012, according to figures disclosed by the country’s foreign trade ministry.

The latest news and price moves to start the Asian day on Tuesday November 6.

The latest news and price moves to start the Asian day on Wednesday November 28.

The latest news and price moves to start the Asian day on Tuesday October 9.

The Indian government is to impose a 20% export duty on graphite electrodes from April 1, according to the International Rebar Producers & Exporters Association (Irepas).

The latest news and price moves to start the Asian day on Thursday November 8.

Gerdau Long Steel North America plans to resume operations at its Sayreville, New Jersey, steel mill next week. The mill had been left without power in the wake of Hurricane Sandy.

Net profit at Egypt's El Ezz Dekheila Steel (EZDK) rose 16% in the second quarter of 2012 as costs were reduced to combat a fall in sales of almost half those of last year.