Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
Got a story for the Middle East steel market? Submit news
565 news items in Futures. Show all
Iron ore futures continued to decline on Tuesday amid weakening demand fundamentals, driven by fresh reports of potential steel production cuts in China. Tang Zujun, vice-president of the China Iron and Steel…
Iron ore futures fell on Monday as weakening steel production, driven by slowing demand, dampened market sentiment. According to the China Iron and Steel Association (CISA), average daily crude steel output among its…
Iron ore futures declined on Friday, weighed down by softening steel demand and cautious market sentiment. The seasonal slowdown in steel consumption, typical during the summer months, has led to a slower pace of…
Dalian iron ore futures rose slightly on Thursday, supported by firm near-term demand. However, gains were limited due to ongoing uncertainty surrounding long-term demand prospects. Steel production remained elevated…
Iron ore futures inched higher on Wednesday, though market sentiment remained subdued due to a cautious demand outlook. Near-term demand provided some support, as stable profitability encouraged steel mills to maintain…
Iron ore futures saw a modest uptick on Tuesday, supported by firm near-term demand, though broader market gains were limited by long-term economic concerns. Despite a month-on-month dip in steel production for April…
Iron ore futures declined on Monday, pressured by weak economic indicators from China that raised concerns over demand. China's economy showed signs of losing momentum in April amid ongoing trade tensions with the U.S…
Iron ore futures slipped on Friday as cautious demand outlook weighed on market sentiment. Earlier in the week, commodity markets had rallied, supported by easing tensions between Beijing and Washington. A decline in…
Iron ore futures posted gains on Thursday, supported by a positive near-term demand outlook following a major easing in trade tensions between the United States and China. However, lingering concerns over long-term…
Iron ore futures jumped on Wednesday, driven by positive market sentiment following a significant easing of trade tensions between the United States and China earlier this week. Beijing and Washington announced major…
Iron ore futures continued their upward momentum on Tuesday, supported by improving trade relations between Beijing and Washington. Market sentiment was lifted after US and Chinese officials announced plans to reduce…
Iron ore futures surged on Monday, driven by improved market sentiment following a reduction in trade tensions between China and the United States. The two countries announced an agreement to roll back tariffs on each…
Iron ore futures declined on Friday as a cautious demand outlook continued to dampen market sentiment. Slowing steel output growth, subdued post-holiday steel demand impacting mill profitability, and a bleak forecast…
Iron ore futures declined on Thursday as concerns over potential output curbs and softening steel demand weighed on market sentiment. The China Iron and Steel Association (CISA) confirmed that Beijing is actively…
Iron ore futures rose on Wednesday, supported by fresh stimulus measures from Beijing, though concerns over long-term demand continue to persist. Chinese authorities announced a series of economic support steps…
Iron ore futures held steady on Tuesday, as cautious sentiment lingered in post-holiday trading. Market participants remained wary amid ongoing concerns about the global economic outlook. Last week, China's Ministry of…
Iron ore futures declined on Wednesday, pressured by mounting concerns over long-term demand. The market faces several headwinds, including the potential for steel production cuts, hinted at by Baosteel earlier this…
Iron ore futures edged higher on Tuesday, supported by near-term demand, though gains were capped by ongoing concerns over long-term consumption. Pre-holiday restocking ahead of the May holidays and increased steel…
Iron ore futures prices fell on Monday as concerns over potential steel production cuts weighed on market sentiment. The decline followed comments from major steel producer Baosteel, which suggested that a nationwide…
Iron ore futures declined on Friday, pressured by persistent concerns over long-term demand, even as near-term buying interest remained solid. The iron ore and steel markets faced headwinds throughout the week due to…
“Premium Content” marks a news item that needs a subscription to read in full.
