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

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.

Brazilian sellers have ramped up containerized exports of steel scrap into South Asian markets over the past year but this explosion in export sales is unlikely to be a long-term trend, sources have told Fastmarkets.

Domestic prices for vanadium products in China in mid-August were showing little change since mid- to late-July this year, with alloy suppliers struggling to hold prices firm amid comparatively stable prices for vanadium pentoxide (V2O5).

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

Iraqi steel producer Erbil Steel has postponed expansion plans because of insufficient scrap in the northern part of the country, according to the Arab Iron & Steel Union (AISU).

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

Metal Bulletin reviews the major stories affecting 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.

Anshan Iron and Steel Group’s investment in Steel Development Company (SDC) wasn’t the first time a Chinese company had taken a stake in a US steelmaker