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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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2,776 news items in Global Steel News. Show all

NMDC cuts iron ore prices

India India

India's largest iron ore producer, National Mineral Development Corporation (NMDC), has lowered prices for both iron ore lump and fines, according to a stock exchange filing. Under the revised pricing, 65.5pct Fe lump…

Formosa lifts domestic HRC prices

Vietnam Vietnam

Vietnamese steelmaker Formosa has increased domestic prices for HRC scheduled for February-March delivery. The company is offering SAE 1006 and SS400 grades at around USD 504-514 per ton, depending on volumes, up by…

Iron ore futures soften amid mixed demand signals

China China

Dalian iron ore futures edged lower on Friday, pressured by rising inventories at major Chinese ports and a slight increase in finished steel stocks at key warehouses. However, losses were limited by expectations of…

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