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Italian wire rod offers are down by €10/mt week on week to €490/mt FOB. Over the past seven days inquiries from Algeria have increased slightly.

In the first eight months of the year South African imports of base metals and articles thereof rose by 24 percent y-o-y to 3.1 billion.

South Africa's Exxaro decided not to exercise its 30 percent buy-in option in Coal of Africa’s Makhado coking coal project.

Italian long steel producer Lucchini has received several orders for steel rails boosting its position in traditional markets as well as in new ones.

In August, the South African PPI for the domestic basic iron and steel industry was up 2.5 percent compared to July this year.

The Turkey's Steel Exporters' Association carried out commercial visits to Kenya and Tanzania on September 16-22.