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

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643 news items in Global Prices. Show all

Iron ore futures dip on demand concerns

China China

Iron ore futures declined on Monday as weakening demand fundamentals weighed on market sentiment. Data from the China Iron and Steel Association (CISA) showed that average daily crude steel output among key member mills…

NMDC reduces iron ore prices

India India

India's largest iron ore producer and exporter, National Mineral Development Corporation (NMDC), has announced a price cut of INR 500-600 (USD 5.83-7) per ton, according to a stock exchange filing. Following the…

Iron ore futures decline on weak demand outlook

China China

Iron ore futures fell on Tuesday as market sentiment remained cautious amid an uncertain demand outlook. Concerns over demand were heightened by rumors that some Chinese cities may introduce steel production cuts for…

Iron ore futures slip on weak demand outlook

China China

Iron ore futures extended losses on Wednesday, weighed down by a weak demand outlook. Market sentiment remained bearish amid rising shipments from major miners and expectations of a seasonal slowdown in steel demand…

Iron ore edges lower amid uncertain demand outlook

China China

Iron ore futures edged down on Tuesday as market sentiment remained cautious amid an uncertain demand outlook. A seasonal slowdown in steel demand has led to reduced steel production, weighing on market confidence…

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