Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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Lebanon's steel imports rose sharply in 2025, driven by higher inflows of rebar, hot-rolled and coated steel, according to data from Lebanese Customs. Total steel imports reached around 856,000 tons in 2025, up from…
Turkey's scrap import prices remained unchanged this week as buying activity by Turkish steel mills stayed limited amid weak finished steel demand. Scrap import prices were assessed steady at USD 370-375 per ton CFR…
Iron ore futures fell during pre-holiday trading on Friday, as weak demand fundamentals continued to weigh on market sentiment. Trading activity has thinned sharply ahead of China's week-long holiday starting next week…
Iron ore futures traded lower on Thursday, extending recent volatility as a weak demand outlook across China's steel sector continued to pressure the market. Muted activity in the physical steel market has kept Chinese…
Iron ore futures traded in a narrow range on Wednesday after China's central bank reaffirmed a moderately accommodative monetary stance, though weak market fundamentals continued to cap any upside. The People's Bank of…
Iron ore futures finished the daytime session little changed on Tuesday, with the market constrained by weak fundamentals and slowing activity in the physical steel market ahead of the Chinese New Year holidays. Prices…
Iron ore futures fell on Monday as subdued fundamentals continued to weigh on sentiment for the key steelmaking raw material. Higher iron ore inventories at major Chinese ports, coupled with rising global supply and a…
Turkey's scrap import prices remained largely unchanged this week, as weak finished steel demand and cautious buying continued to weigh on the market. Turkey's scrap import prices were assessed steady at USD 370-375 per…
Iron ore futures fell on Friday, extending losses across all morning sessions this week, as weak fundamentals continued to weigh on market sentiment. Iron ore futures remained under pressure due to higher port-side…
Iron ore futures extended losses on Thursday for a fourth consecutive session, as weak fundamentals and ample supply continued to pressure the market. Rising global shipments and higher inventories at Chinese ports are…
Iron ore futures remained under pressure on Wednesday, with persistently weak demand continuing to weigh on market sentiment. Higher inventories at major Chinese ports remain a key overhang, limiting price support…
Iron ore futures declined on Tuesday as persistent demand weakness and ample supply continued to weigh on market sentiment. Higher shipments from major miners, combined with rising inventories at Chinese ports, kept…
Iron ore futures fell on Monday as softening fundamentals ahead of the Chinese New Year holidays dampened market sentiment. Rising iron ore inventories at major Chinese ports and slower restocking activity are expected…
Turkey's scrap import prices remained unchanged this week as weak finished steel demand continued to curb buying appetite among steelmakers. Scrap import prices were assessed stable at USD 370-375 per ton CFR. Turkish…
Iron ore futures remained under pressure on Friday as market sentiment stayed cautious amid rising supply and record-high inventories. Iron ore stockpiles at major Chinese ports have reportedly climbed to around 170 mln…
Turkish steelmaker Kardemir has launched a new rebar sales round, offering lower prices compared with its previous round in November. Under the latest price list, rebar in 12-32 mm sizes is offered at TRY 23,915 (USD…
Iron ore futures rose on Thursday as expectations of a near-term recovery in steel demand improved market sentiment ahead of the Lunar New Year holidays, although broader demand concerns persisted. Market sources said…
Turkish steelmaker Kardemir has launched a new billet sales round, lowering prices by USD 5 per ton compared with its previous offers issued on January 7, 2026. Under the latest offer, the company's S235JR billets are…
Iron ore futures extended losses on Wednesday as weak steel demand and rising supply continued to weigh on market sentiment. Fundamentals remain under pressure amid record-high iron ore inventories at Chinese ports and…
Iron ore futures extended losses on Tuesday as the market remained cautious amid rising supply and subdued steel demand. Iron ore prices continued to face pressure from record-high inventories at major Chinese ports…
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