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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 ease on demand uncertainty

China China

Iron ore futures edged lower on Thursday amid lingering concerns over the demand outlook and a decline in Chinese crude steel production. Sentiment was dampened by data from the China Iron and Steel Association (CISA)…

NMDC hikes iron ore prices

India India

India's largest iron ore producer and exporter, National Mineral Development Corporation (NMDC), has increased prices by INR 400 (USD 4.55) per ton for August deliveries, according to a filing with the stock exchange…

Iron ore futures climb on firm near-term demand

China China

Iron ore futures extended gains on Tuesday, supported by firm demand and strong fundamentals in the steelmaking sector. A rise in steel production by Chinese mills, driven by healthy profit margins and falling port-side…

Iron ore futures extend losses on demand concerns

China China

Iron ore futures fell further on Thursday as demand concerns resurfaced following weaker-than-expected factory activity in China. The country's official manufacturing PMI dropped to 49.3 in July, down 0.4 points from…

Iron ore futures rise on demand optimism

China China

Iron ore futures continued to climb on Tuesday, supported by strong near-term demand and optimism around potential stimulus measures. Market sentiment was buoyed by news that China has begun construction on what will…

Iron ore futures climb but outlook mixed

China China

Iron ore futures extended gains on Thursday, supported by short-term supply constraints and firm steel production. A decline in iron ore inventories at major Chinese ports and improved profit margins has encouraged…

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