FE raises cash for Tennant Creek buy

A Baltic supplier sold HMS 1/2 80:20 at $445/t and bonus at $460/t cfr Iskenderun for October shipment yesterday evening.

MoIT sustains anti-dumping duty on Malaysia’s H-shaped steel

The spread is over four times as wide as the $326/st from a year ago.

Demand usually picks up during the Indian festivals of Dussehra and Diwali, which is celebrated in October and November, respectively.

Steelmakers are concerned that the European Commission might suspend duties on some steel products.

US delays final conclusion on anti-dumping probe into Vietnam’s stainless steel

The consumer price index, a main gauge of inflation, grew by 0.8 percent year-on-year last month, down from 1 percent in July, the bureau said.