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Global Prices steel news

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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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642 news items in Global Prices. Show all

Iron ore futures decline on demand worries

China China

Iron ore futures declined on Tuesday amid concerns that growth in Chinese steel production may be peaking, while high port-side inventories and rising global iron ore supply also pressured market sentiment. According to…

Iron ore slips on demand concerns

China China

Iron ore futures edged lower on Friday as rising global supply and a slowing pace of restocking weighed on market sentiment. Higher iron ore shipments from major miners, coupled with high port inventories in China…

Iron ore extends gains on firm steel demand

China China

Iron ore futures extended gains on Thursday, supported by firm near-term steel demand in China. Chinese steel mills continued to maintain production levels amid steady downstream steel demand in the domestic market…

NMDC raises iron ore prices

India India

India's largest iron ore producer, National Mineral Development Corporation (NMDC), has increased prices for iron ore lump and fines by INR 200 (USD 2.1) per ton, effective May 6, according to a stock exchange filing…

Iron ore futures rise on upbeat PMI data

China China

Iron ore futures rose in the last session before the holidays on Thursday, supported by firm steel demand and stable manufacturing activity in China. China's manufacturing purchasing managers' index (PMI) stood at 50.3…

Iron ore futures ease on mixed fundamentals

China China

Iron ore futures declined on Thursday, snapping a recent upward trend as the market weighed the near-term outlook. Iron ore futures had risen in previous sessions on the back of improving steel production and firm…

Iron ore futures rise on restocking demand

China China

Iron ore futures extended gains on Wednesday, supported by restocking demand ahead of the May holiday period. Chinese steel mills maintained firm production levels amid firm downstream demand, supporting near-term iron…

Iron ore futures extend gains on firm demand

China China

Iron ore futures rose further on Tuesday, supported by steady near-term restocking and firm steel demand. Chinese steel production continued to improve on the back of healthy margins and stronger demand. Market…

Iron ore rallies on strong data, macro support

China China

Iron ore futures rose sharply on Thursday, supported by improved demand indicators and positive macro sentiment, although supply-side pressures remain. China Iron and Steel Association (CISA) data showed member mills'…

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