Metal Bulletin reviews the major stories that have affected the steel market over the past week.
Raw materialsTurkish mills were absent from the global scrap markets during the week ending on July 6, owing to weaker finished steel demand and a wait-and-see attitude.Taiwanese scrap prices ticked up on steady mill demand, while Indian prices were subdued for a second week.Metal Bulletin announced the launch of a weekly price assessment for European hot-briquetted iron (HBI) on a $ per tonne cfr Italy basis, with the first story in our regular coverage being published on Thursday. There was also a proposal to launch Vietnamese...