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

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.

These are higher-value tonnages than many large iron ore shipments.

These are higher-value tonnages than many large iron ore shipments.

These are higher-value tonnages than many large iron ore shipments.

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

More buying interest from steelmakers is expected in the next few weeks and there should be an increase in inter-merchant trading in that time.