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Global Prices steel news

642 news items

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

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642 news items in Global Prices. Show all

Iron ore futures drop amid slowing steel demand

China China

Iron ore futures fell on Monday as steel production curbs and weakening steel demand weighed on market sentiment. Chinese Steel output is expected to be hit by new environmental restrictions in Tangshan and other…

Iron ore gains as Beijing mulls steel cuts

China China

Iron ore futures surged on Thursday, supported by reports that Chinese authorities plan to cut steel production to reduce excess supply. Beijing aims to curb crude steel output between 2025 and 2026 amid persistent…

Iron ore futures decline on weak steel demand

China China

Iron ore futures extended losses on Wednesday as the market grappled with oversupply worries and weakening steel demand in China. Blast furnace mills have kept production strong in recent weeks, supported by healthy…

Iron ore futures surge but demand concerns remain

China China

Iron ore futures jumped on Monday after Rio Tinto suspended work at its Simandou project in Guinea following a fatal incident involving a contractor employee, raising concerns of delays to the mine's production start…

Iron ore pressured by sluggish demand prospects

China China

Iron ore futures retreated on Friday as concerns over weakening steel demand weighed on sentiment. Despite strong margins keeping Chinese steel mills running at high output levels, demand has softened in recent weeks…

Iron ore futures edge lower amid demand uncertainty

China China

Iron ore futures slipped on Wednesday as steel production curbs and soft demand weighed on sentiment. Authorities have ordered several mills in Tangshan to cut sintering output between August 25 and September 3, 2025…

Tokyo Steel holds prices steady for September

Japan Japan

Tokyo Steel, Japan's leading electric arc furnace (EAF) steelmaker, said it will keep product prices unchanged for September, marking the fourth straight month of no adjustments. HRC remains at JPY 89,000 (USD 603) per…

Iron ore futures slip on demand concerns

China China

Iron ore futures fell on Monday as expectations of steel production curbs and weak demand weighed on sentiment. Iron ore futures risen earlier in the session, supported by strong Chinese steel output and healthy mill…

Iron ore futures slump on weak steel demand

China China

Iron ore futures fell on Thursday as sluggish steel demand weighed on sentiment. A seasonal slowdown in consumption, compounded by a tropical storm in southern China, has driven a steady buildup of finished steel…

Iron ore rallies on trade truce extension

China China

Iron ore futures surged on Tuesday as the extension of the U.S.-China trade truce boosted market sentiment. The two largest global economies agreed to prolong their truce for another 90 days, until November 10, 2025…

Iron ore futures rise on firm near-term demand

China China

Iron ore futures gained on Monday, supported by firm near-term demand, though upside was limited by reports of production cuts in a key steel hub. Blast-furnace based steel mills maintained high output levels, buoyed by…

Iron ore falls as demand outlook remains uncertain

China China

Iron ore futures slipped on Friday, pressured by lingering demand concerns amid excess supply and potential steel output cuts. Brazil, a major exporter, shipped a record 41.1 mln tons of iron ore in July, surpassing its…

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