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.

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

Egypt, the largest producer of direct-reduced iron (DRI) in Northern Africa, will increase its output further in 2019, Fastmarkets heard at the North Africa Iron & Steel Summit in Cairo on April 16-17.

Good morning from Metal Bulletin’s office in Shanghai as we bring you the latest news and pricing stories on Friday April 20.

Prices for steel billet rose again in most global locations this week, amid a new round of increases in the costs of raw materials, but market participants reported weak buying activity and fears that prices could be close to a peak.

Good morning from Metal Bulletin’s office in Singapore as we bring you the latest news and pricing stories on Tuesday April 3.

The Brazilian long steel market continues to wait for the seasonal rebound in the local construction industry - unlike flat steel, which has seen recovering demand from the automotive and white goods sectors.

Investment in rail infrastructure and a reduction in bureaucracy are required to provide a platform for growth in Turkish steel exports, according to Aysen Ustunay, export manager at MMK Metalurji.

China’s daily crude steel output rebounded in early April amid a recovery in domestic steel prices.

Japanese imported flat rolled steel stockpiles rose by 8.2% at the end of June, marking the first rise in three months.