STEEL WEEK IN BRIEF: Trump doubles tariffs for Turkey, US sanctions on Iran to hit steel exports

Metal Bulletin reviews the major stories that have affected the steel market over the past week.

Raw materials Turkish steel producers have continued to struggle with the weakening lira and only those mills that required scrap urgently were in the market, sources said on Friday August 10. Trading activity in the seaborne iron ore market remained lackluster on August 10, due to a wide gap between prices in comparison with those charged for materials at Chinese ports. Swedish state-owned iron ore producer LKAB restarted iron ore pellet production at its Svappavaara plant in northern Sweden on August 8,...

Published

Viral Shah

August 10, 2018

20:48 GMT

London