Turkish scrap import prices increased further last week after at least two new bookings were confirmed. Bolstered by improved domestic rebar demand, mills are seen concluding more bookings before the Eid holiday, observers say. In Europe the sentiment is relatively good but in the US some pressure is starting to …

Since the beginning of April, billet prices in the CIS have started to recover. As of last week, the recovery reached some $50/tonne from the lowest point registered back in the fourth quarter of 2016, indicating that the market is continuing to show resilience in the face of the problems …

The on-going absence of US buyers in the global merchant pig iron market is starting to reflect on prices, and this is exacerbated by the softening in Chinese demand and price levels. 

Chinese demand is seasonally affected, but also reflects vast import volumes implemented in the last quarter. These have …

The European Commission has published the final document related to the review of the safeguard system for steel imports. As anticipated, the new amendments will come into force from 1 July, with some important changes in particular to the way tariff-free quotas are allocated.

Firstly, the Commission has changed all …