The annual convention of the Institute of Scrap Recycling Industries (ISRI) made its biennial visit to the lights and glamour of Las Vegas, in the US state of Nevada, from Saturday April 14 until Thursday April 19.

Shenzhen Stock Exchange-listed Jiangsu Shagang, the listed arm of China’s largest privately-owned steelmaker Shagang Group, predicted a rise in its net profit for the first half of 2014.

The base metals prices on the London Metal Exchange are, for the most part, little changed this morning, Wednesday May 17, the exception is nickel where three-month prices are down 0.9% at $9,085 per tonne.

Dongkuk Steel, South Korea’s third-largest steelmaker, reported a 30.2% fall in plate sales last year on the back of increased domestic competition and continuing weak demand for the product.

Several more Chinese steelmakers joined in the production cuts bandwagon on Monday July 30 to relieve sales pressure amid a weak market.

JSW Steel Ltd, the flagship of the JSW Group and one of the lowest-cost steel producers in the world, has reported a monthly growth of 25% in crude steel production for May.

Metal Bulletin looks at seven key things discussed in Xi’an last month at China Iron & Steel Association's 16th International Steel Market and Trade Conference that will have a major impact on the Asian and Chinese steel markets in the coming years.

Billet prices in the global markets except India continued to fall during the work week from Monday March 26 to Friday March 30 due to negative sentiment caused by the uncertainty over the United States' Section 232 tariffs.

The regional steel billet markets mostly fell quiet last week because of the start of the Islamic holy month of Ramadan and the persistence of high export offer prices from China.

Global scrap prices continued to climb with increasing demand in the major import markets during the working week from Monday June 26 to Friday June 30.