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Futures steel news

565 news items

Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.

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565 news items in Futures. Show all

Iron ore futures weaken amid soft demand

China China

Iron ore futures declined on Friday as persistent demand concerns and shrinking steel mill margins weighed on market sentiment. Market participants reported reduced steel production levels as Chinese mills faced tighter…

Iron ore futures edge higher amid policy optimism

China China

Iron ore futures rose on Wednesday as markets drew optimism from key policy meetings in Beijing, though underlying demand fundamentals remained soft. China's Communist Party began a major gathering on Monday to outline…

Iron ore futures slide on weak fundamentals

China China

Iron ore futures retreated on Tuesday, reversing gains from the previous session when prices hit an eight-month high on supply concerns. The earlier rally was fueled by reports that China would impose new port fees on…

Iron ore futures rise but demand outlook remains weak

China China

Iron ore futures extended gains on Friday, supported by expectations of restocking by Chinese steel mills and potential policy support from Beijing. Analysts believe these factors could provide short-term stability for…

Scrap import prices rise on higher costs

Turkey Turkey

Turkey's imported scrap prices rose this week to USD 340-345 per ton CFR, up from USD 335-340 per ton CFR last week, supported by higher freight and collection costs. However, buying sentiment remains weak as mills…

Iron ore futures fall on weak manufacturing data

China China

Iron ore futures declined on Tuesday as disappointing manufacturing data weighed on sentiment. China's manufacturing PMI edged up to 49.8 in September from the previous month but remained in contraction for the sixth…

Iron ore futures edge up on pre-holiday restocking

China China

Iron ore futures rose slightly on Thursday, supported by restocking demand ahead of China's National Day holidays (October 1-8), though the longer-term outlook remains bearish. Chinese steel mills continue to replenish…

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