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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

Iron ore futures slide on weak fundamentals

China China

Iron ore futures retreated on Tuesday, reversing gains from the previous session when prices hit an eight-month high on supply concerns. The earlier rally was fueled by reports that China would impose new port fees on…

Iron ore futures rise but demand outlook remains weak

China China

Iron ore futures extended gains on Friday, supported by expectations of restocking by Chinese steel mills and potential policy support from Beijing. Analysts believe these factors could provide short-term stability for…

Hoa Phat's crude steel output jumps in Q3 2025

Vietnam Vietnam

Hoa Phat Group produced 2.8 mln tons of crude steel in Q3 2025, up 14pct from Q2 and 35pct YoY. Sales of HRC, long steel, and billet reached 2.5 mln tons, down 4pct from Q2 but up 21pct YoY. Construction steel and wire…

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