We were wary that the US Federal Open Market Committee (FOMC) statement could give the dollar a boost and that it could become a headwind for metals prices and that seems to have been the case. The base metals prices on the London Metal Exchange are down across the board by an average of 1.1% this morning, Thursday September 21.

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

As competition in the global steel markets remains fierce, Metal Bulletin provides an update on the new, progressing and closed trade cases from around the world in April 2017.

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.

Beijing will begin implementing measures later this month to ensure blue skies ahead of a military parade in early September.

Price trends in the global billet market diverged in the week ended Friday January 12 because of a number of factors.

First-half net profit at Shagang, China’s largest privately-owned steelmaker, increased fourfold year-on-year to 34.96 million yuan ($5.67 million), the mill said in its biannual report on Tuesday August 26.

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

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.

Iron ore producer Earthstone Group is looking to build steel plants in Indonesia and Morocco, assistant vice president Joshina Kapoor has said.