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 edged lower on Tuesday, pressured by rising supply expectations, while steady steel production limited the downside. Market sentiment weakened after reports that China Mineral Resources Group (CMRG) has…
Iron ore futures moved higher on Monday, supported by rising oil prices and sustained steel production. International oil prices climbed above USD 100 per barrel amid escalating US-Iran tensions after recent high-level…
Iron ore futures declined on Friday as market sentiment remained cautious over the demand outlook, while improving steel production helped limit losses. Iron ore futures came under pressure this week amid higher…
Iron ore futures declined on Thursday amid a weakening outlook and continued supply-side pressure. Higher shipments from major iron ore suppliers, along with high inventories at Chinese ports, remain key headwinds…
Iron ore futures extended losses on Wednesday, pressured by rising supply and an uncertain demand outlook. A temporary ceasefire between the US and Iran, including the reopening of the Strait of Hormuz, has reduced the…
Iron ore futures declined on Tuesday as sluggish demand and rising supply weighed on market sentiment. Recent data from the China Iron and Steel Association (CISA) showed that average daily crude steel output at member…
India's largest iron ore producer, National Mineral Development Corporation (NMDC), has increased prices for iron ore lump and fines by INR 450-500 per ton (USD 4.8-5.3), effective 5 April, according to a stock exchange…
Iron ore futures slipped on Friday as ongoing Middle East tensions continued to drive volatility across commodity markets. Prices came under pressure following the completion of feedstock restocking by Chinese steel…
Iron ore futures declined on Thursday amid rising geopolitical tensions and a broader risk-off sentiment in global markets. A more hawkish stance from the U.S. administration on the Iran conflict triggered a market…
Iron ore futures rose on Wednesday, supported by cautious optimism over demand recovery despite ongoing headwinds. A steady recovery in Chinese steel production continued to underpin iron ore consumption, while…
Iron ore prices declined on Tuesday as easing supply concerns weighed on market sentiment. Earlier support from potential disruptions at major Australian ports due to Tropical Cyclone Narelle faded, as the impact on…
Iron ore futures were largely steady on Monday, with improving demand providing support against downside pressure. Production at Chinese blast furnace mills continued to recover, underpinning iron ore consumption…
Iron ore futures declined on Friday, as easing supply disruption concerns and uncertainty over demand weighed on market sentiment. Earlier this week, iron ore futures were supported by concerns over potential…
Iron ore futures rose slightly on Thursday, supported by concerns over supply disruptions in Australia following the closure of key ports in the Pilbara region due to a tropical cyclone. Pilbara Ports said operations at…
Iron ore futures fell on Wednesday, pressured by environmental-related production curbs in Tangshan, a major steelmaking hub in China. Market sentiment weakened after Tangshan activated an emergency response to air…
Iron ore futures extended gains on Tuesday, supported by improving steel production in China, although higher port-side inventories limited further upside. Market participants said iron ore demand remains firm as…
Iron ore futures rose on Monday, while coking coal prices surged, supported by rising energy and freight costs driven by ongoing Middle East tensions. The Middle East conflict has significantly disrupted natural gas and…
Iron ore futures retreated on Wednesday as cautious sentiment over demand outlook weighed on the market. High port-side inventories in China continued to act as a key headwind, while rising global supply remains a…
Iron ore futures increased on Tuesday, supported by a stronger outlook for steel demand and improved market sentiment. Market participants in China reported firmer domestic demand for finished steel, particularly long…
Japan's leading electric arc furnace (EAF) steelmaker Tokyo Steel has increased product prices for April sales under its latest monthly price list. The company raised HRC (1.7-22 mm) and pickled and oiled coil (1.7-6…
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