Metal Bulletin reviews the major stories that have affected the steel market during the week ended Friday September 21.
Raw materials Rio Tinto is planning to launch an e-platform to allow its iron ore tender process to become more seamless for participants, Simon Farry, vice president sales and marketing iron ore has said. Prices for light iron scrap in the United Kingdom have been stable over the past week, with small but steady increases in export prices to key export destinations such as Turkey and the Indian subcontinent supporting the domestic market, sources told Metal Bulletin.Vietnam scrap prices dipped on continued thin demand and logistical difficulties this week, with most buyers staying away in the spot market.Austenitic alloy steel scrap prices were largely stable this week...