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
642 news items in Global Prices. Show all
Iron ore futures strengthened on Monday as firmer steel and raw material prices improved market sentiment, although rising iron ore supply and weak underlying steel demand remained concerns. The market has shifted…
Iron ore futures were broadly stable on Friday as near-term supply concerns provided some support, while weak steel demand and squeezed mill margins continued to limit the upside. Iron ore inventories fell recently on…
Iron ore futures fell on Thursday as weak steel demand outweighed support from firmer coke and coking coal prices. Crude steel production among China Iron and Steel Association (CISA) member mills fell 3.4pct YoY to 473…
Iron ore futures edged higher on Wednesday, supported by firmer coking coal and coke prices, although tight steel mill margins and weak underlying demand continued to limit the upside. Coking coal and coke markets…
Indian steelmakers are seeking to diversify coking coal supplies as higher prices and disruptions in major producing regions increase steelmaking costs, Reuters reported. India imports around 95pct of its coking coal…
Japan's leading electric arc furnace (EAF) steelmaker Tokyo Steel will keep prices for all steel products unchanged for September sales, citing improving domestic market conditions but continued pressure from…
Iron ore futures rebounded on Tuesday, supported by supply concerns and renewed expectations of further stimulus from Beijing, although weak downstream steel demand remained a key constraint on the market. The strike at…
Iron ore futures weakened on Monday as high port inventories and weaker Chinese economic data offset improving steel market sentiment and stronger coking coal prices. Chinese steel traders said finished steel…
Iron ore futures recovered on Friday, supported by stronger coking coal prices and improving sentiment in the Chinese steel market. Signs of better downstream activity ahead of September also provided some support…
Iron ore futures edged lower on Thursday as the market remained rangebound, with weaker coking coal and coke prices offsetting near-term support. Iron ore fundamentals remained broadly balanced but lacked a strong…
Iron ore futures edged higher on Wednesday, holding near two-week highs as continued strength in coking coal and coke provided cost support, while weak steel demand and ample supply limited further gains. Coking coal…
Iron ore futures rebounded on Tuesday, supported mainly by a sharp rally in coking coal and coke prices, while near-term supply concerns provided additional support. However, persistent oversupply and weak steel demand…
Iron ore futures edged lower on Monday, with the market consolidating after last week's recovery as stable global supply and subdued steel demand outweighed concerns over potential disruptions from industrial action at…
India's National Mineral Development Corporation (NMDC) has reduced its domestic iron ore prices by INR 200 (USD 2.1) per ton, effective August 8. Following the revision, NMDC's 65.5pct Fe lump ore (10-40 mm) is priced…
Taiwan's China Steel Corporation (CSC) has left domestic prices for all steel products unchanged for September 2026 deliveries, citing signs of stabilization in international steel markets despite continued uncertainty…
Iron ore futures edged higher on Friday, holding most of their recent recovery as stronger coking coal and coke prices supported the ferrous complex, although weaker Chinese steel production and high port inventories…
Vietnam's domestic HRC prices declined further as leading producers Formosa Ha Tinh and Hoa Phat lowered their offers amid weak demand and growing competition from cheaper imported material. Formosa reduced its latest…
Iron ore futures rose further on Thursday, extending their recovery from one-year lows as concerns over potential supply disruptions and firmer raw material prices supported sentiment, although underlying supply-demand…
Iron ore futures recovered on Wednesday after falling to one-year lows earlier this week, supported by relatively stable demand. However, weak seasonal steel demand and continued supply pressure kept gains limited…
Iron ore futures remained near one-year lows on Tuesday, with losses moderating as a slight recovery in demand provided some support, although ample supply, high port inventories and weak seasonal steel demand continued…
“Premium Content” marks a news item that needs a subscription to read in full.
