Metal Bulletin reviews the major stories that have affected the steel market over the past week.
Pig iron exporters from the Commonwealth of Independent States (CIS) have logged four consecutive weeks without large bookings from the key outlets of the United States and Italy.The seaborne coking coal market weakened amid lackluster trading and bearish sentiment.Turkey's ferrous scrap import market remained quiet ahead of the outcome of the Turkish general election on Sunday.Prices for containerized shredded scrap imports into India edged up this past week, with market activity beginning to pick up following a lull in trading.The UK light iron scrap market was stable for the 11th week in a row, with market sentiment suggesting an increase next week in line with expected renewed demand from Turkey.Ferrous scrap export prices from the United States' East Coast...