Export prices for Japanese steel scrap have continued to rise over the past week amid high demand from South Korea as well as local buyers in Japan, sources said.

One reason behind this bearish view is the weakness exhibited in nickel futures in recent days.

Whether the ferro-chrome market rises further remains to be seen.

¡°Port prices have not responded to rising seaborne prices, so that¡¯s put a cap on things,¡± the same source said.

A summary of the financial results for Egypt¡¯s biggest steelmaking group, Ezz Steel, for the period from January 1 to March 31, 2021.

Member states will vote on the issue before a final decision on June 30.

One producer in the region claimed to have sold a limited tonnage of July-delivery wire rod at €900 per tonne.

Bloomberg reported that China has stepped up its campaign to rein in commodity prices