Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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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…
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…
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…
Hebei Jinxi Iron and Steel Group has ordered two continuous slab casters from Primetals Technologies, each with an annual capacity of 2.5 mln tons. The package includes Level 1 and Level 2 automation systems to enhance…
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…
Turkey imported 2.93 mln tons of HRC in the first nine months of 2025, up 10pct YoY, according to data from the Turkish Statistical Institute (TUIK). China remained the largest supplier with 1.1 mln tons, followed by…
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…
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…
Taiwan's China Steel Corp (CSC) will keep its domestic list prices unchanged for December, the company said, citing a mixed outlook for global and regional demand. CSC noted that although US interest-rate cuts may…
Aisha Steel Mills Limited said domestic flat steel demand in Pakistan is rebounding from last year's lows, with a strong recovery in cold-rolled and coated steel consumption, according to the company's corporate…
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…
India has imposed an anti-dumping duty on imports of hot-rolled flat products of alloy and non-alloy steel from Vietnam, according to a notification issued by the Ministry of Finance. The duty has been set at USD 121.55…
Tata Steel's board has approved the acquisition of the remaining 50pct stake in Tata BlueScope Steel Private Limited (TBSPL) from its joint-venture partner BlueScope Steel Asia Holdings Pty Ltd, for up to INR 1,100…
Iron ore futures advanced on Wednesday, although uncertainty persists over the demand outlook. Market participants said prices were partly supported by expectations of fresh stimulus and relatively firm production…
Iron ore futures traded in a narrow range on Tuesday, as persistent demand uncertainty kept market sentiment subdued. Traders expect milder-than-anticipated output curbs by Chinese authorities, given that steel…
Iron ore futures traded in a narrow range on Monday, with improved macroeconomic sentiment providing some support, while weak fundamentals limited gains. China's consumer price index (CPI) rose 0.2pct YoY in October…
Iron ore futures declined on Friday as weak demand and reduced steel output weighed on market sentiment. Chinese steel production continues to slow, with mills cutting output due to shrinking profitability and soft…
Iron ore futures rose for the first time this week on Thursday, supported by restocking activity at some Chinese steel mills taking advantage of lower prices. However, gains were limited by persistent demand concerns…
Iron ore futures continued to fall on Wednesday as sluggish steel demand and reduced mill production kept market sentiment bearish. Chinese steelmakers have been scaling back operations due to shrinking margins, while…
Iron ore futures extended losses on Tuesday as disappointing manufacturing data and weak market fundamentals deepened concerns over steel demand in China. The RatingDog China General Manufacturing PMI, compiled by S&P…
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