Steel billet prices in the global markets showed mixed dynamics during the working week from Monday May 7 to Friday May 11.

Metal Bulletin reviews some of the key news and price moves from the past week in the global steel market.

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 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.

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

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 October 9.

While the winter season begins in China, the ferrous market is wondering whether Chinese steelmakers will continue to move toward higher-grade, lower-impurity iron ore - an affinity they have demonstrated over the last two years.

The rallies in the base metals on the London Metal Exchange have generally continued in early trading today, Friday August 25, with prices up by an average of 0.4%, with aluminium, zinc, lead and copper prices up between 0.6% to 0.8%, while nickel is off 0.5% and tin is little changed. Three-month copper prices are at $6,740 per tonne.