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).

Scrap prices in the global markets have continued to increase his week, amid strong demand for material in the major importing countries and upward momentum in the US export markets.

South Korea is working to ease the steel import quota limits imposed by the United States following its Section 232 investigations, the Korea Iron & Steel Association (Kisa) said on Monday March 26.

Editor Vera Blei looks at the main news covered by Steel First over the past week.

Scrap prices in the world’s major markets except the United States continued to strengthen in the week from Monday January 8 to Friday January 12 amid low supplies of material.

Most global steel billet prices fell in the week ended Friday January 26, amid low trading and weak market sentiment.

China’s daily crude steel output finally started declining in late June, following continual drops in steel prices throughout the month.

Steel imports are poised to halt a five-month slide and jump 10.7% from September to October thanks to gains in line pipe, hot-dipped galvanized products and hot-rolled coil.

Prices in most billet export markets were heading down in the week to Friday October 27, amid weakening demand for both semi-finished and finished steel products.

Fastmarkets worked to empower its customers in 2018 - a year when they had to navigate metal markets in which fundamentals were often tightening even as greater political restraints were placed on trade than for many years.