Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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Iron ore futures inched lower on Wednesday as weak fundamentals continued to weigh on sentiment, though losses were limited by expectations that upcoming government meetings may deliver supportive policy signals…
Turkey's imported scrap prices edged higher this week, rising to USD 355-360 per ton CFR from around USD 355 last week, supported by a pickup in domestic rebar demand. Kardemir's strong rebar sales in its latest…
Iron ore futures edged lower on Friday as market remained cautious amid an uncertain demand outlook. Rising inventories at major Chinese ports and increasing global supply continue to pressure prices, reflecting slower…
Turkish steelmaker Kardemir has opened a new billet sales round, lifting prices by USD 15 per ton compared with its previous offers on November 5, 2025. The company is now offering S235JR billets at USD 515 per ton EXW…
Iron ore futures gained on Thursday, supported by moderate steel demand and higher production levels, though the broader outlook remains bearish. Market sources reported a decline in finished steel inventories this…
Turkish steelmaker Kardemir has opened a new sales round for rebar, according to its latest price list. The company offered 12-32 mm rebar at TRY 24,450 (USD 576) per ton EXW, up from TRY 23,500 per ton earlier this…
Iron ore futures inched higher on Wednesday, supported by a pickup in steel production, though demand concerns continued to cap gains. The China Iron & Steel Association (CISA) reported that its member mills produced an…
Iron ore futures extended gains on Tuesday as lower shipments from major miners provided support, although the market's longer-term outlook remains uncertain. Analysts reported a week-on-week decline in supply from…
Iron ore futures edged higher on Monday, supported by tighter supply and expectations of fresh policy measures from Beijing, though the market's longer-term outlook remains uncertain. Traders reported a week-on-week…
Turkey's imported scrap prices held largely stable this week, with assessments nudging up to around USD 355 per ton CFR from USD 350-355 per ton last week, supported by a pickup in domestic rebar demand that prompted…
Iron ore futures remained subdued on Friday, extending losses for a second consecutive session as weak steel demand continued to pressure prices, even though the most-traded contract still posted a modest week-on-week…
Ezz Steel, one of Egypt's largest steel producers, has offered an EGP 4,000 (USD 84) per-ton discount on November rebar deliveries, its first price adjustment after nearly a year of holding official prices steady. The…
Iron ore futures slipped on Thursday as rising global supply and soft steel demand continued to weigh on sentiment, though restocking by some Chinese mills helped limit the decline. Prices also found some support from a…
Turkish steelmaker Kardemir has increased its wire rod prices, according to its latest price list. The company is now offering 5.5 mm SAE 1006 grade at USD 605 per ton EXW, while 5.5 mm SAE 1008-1010 grades are offered…
Iron ore futures edged higher on Wednesday, supported by steady near-term demand, though a bearish outlook continues to cap gains. Some Chinese steel mills are replenishing iron ore inventories ahead of the winter…
Iron ore futures continued to rise on Tuesday, supported by short-term restocking ahead of the winter season, though a fragile demand outlook kept gains in check. Analysts said mills are replenishing inventories to…
Iron ore futures jumped on Monday as expectations of new economic stimulus from Beijing boosted market sentiment. Commodity markets gained after China's finance minister signalled that fiscal policy will be strengthened…
Turkey's imported scrap prices held steady this week at USD 350-355 per ton CFR, unchanged from last week, as mills continued booking cargoes to replenish inventories. Market participants noted that more bookings are…
Iron ore futures edged higher on restocking demand ahead of the winter season, though the broader outlook remains bearish due to weakening fundamentals. Analysts noted that some Chinese steel mills are replenishing…
Iron ore futures stayed under pressure on Thursday as a bearish demand outlook continued to weigh on sentiment. Analysts noted that soft steel demand has largely been priced in, but the absence of strong positive…
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