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
859 news items in Iron ore. Show all
Iron ore futures posted gains on Friday, supported mainly by sentiment-driven expectations, while underlying fundamentals remained weak. Iron ore futures were subdued earlier in the session after China's state planner…
Iron ore futures rose on Thursday, supported by improved sentiment following Beijing's latest measures to support the troubled property sector, although weak market fundamentals continued to limit gains. China announced…
Iron ore futures edged higher on Wednesday as expectations of improved demand provided some support, though gains were limited by weak underlying fundamentals, keeping market sentiment cautious. Analysts said Beijing is…
Leone Rock Metal Group has awarded Metso a contract to supply minerals processing equipment for Phase III of the Tonkolili iron ore project's 30-mln-ton magnetite concentrator in Sierra Leone. Metso's scope covers…
Iron ore futures edged lower on Tuesday as a bearish outlook continued to pressure the market. A seasonal slowdown in steel demand has prompted many Chinese steel mills to schedule maintenance, a trend expected to…
Champion Iron Limited announced it has entered into a transaction agreement with Rana Gruber ASA under a conditional recommended voluntary cash tender offer to acquire all outstanding shares of Rana Gruber. The offer…
Iron ore futures edged higher on Monday, though the overall demand outlook remained cautious as the market continued to assess underlying fundamentals. Market participants believe most negative factors, such as higher…
China Steel Corporation (CSC) announced it will increase prices for some steel products for January deliveries. The company will raise prices by TWD 300 (USD 9.5) per ton for HRC and plates in commercial quality, HRC…
Pakistan is considering a proposed EUR 1-2 bln (USD 1.17-2.34 bln) integrated maritime industrial complex at Port Qasim, Karachi that could help revive the country's maritime and heavy industrial sectors, according to a…
Iron ore futures extended gains on Friday, supported by expectations of near-term restocking, although weak fundamentals continued to limit the upside. Some market participants expect Chinese steel mills to replenish…
JFE Steel Corporation has developed a sensor that measures the particle-size distribution of granulated materials in real time as they move on conveyors during the sintering process. The system is already in operation…
Algeria's state-owned national mining company, Sonarem Group and Tosyali Algeria have taken a further step toward strengthening their strategic partnership for the development of the Gara Djebilet iron ore mine…
Iron ore futures rose further on Thursday, supported by easing domestic steel inventories and expectations of near-term restocking demand, which improved overall market sentiment. Inventories of major finished steel…
South Korean steelmaker Posco is stepping up efforts to normalize operations at its Pohang Steelworks following a series of safety incidents, while accelerating plans for next-generation steelmaking technologies. Posco…
Iron ore futures extended gains on Wednesday, supported by an uptick in near-term demand, although the longer-term outlook remains bearish. Chinese steel mills have been replenishing raw material stocks ahead of…
Iron ore futures recovered on Tuesday, supported by higher steel production figures, although the broader demand outlook remained bearish amid weakening fundamentals. Data from the China Iron and Steel Association…
Iron ore futures fell sharply on Monday as market sentiment deteriorated following Beijing's move to introduce a steel export licensing system aimed at regulating overseas shipments next year. China's Ministry of…
Turkey imported 8.37 mln tons of iron ore in the first ten months of 2025, a 5pct decline from the same period last year, according to data from the Turkish Statistical Institute (TUIK). Brazil remained the country's…
Iron ore prices dipped on Friday, pressured by rising inventories at Chinese ports and weak steel demand, both of which continue to reinforce a bearish outlook for the market. Port-side iron ore stocks have climbed to…
Iron ore futures fell on Thursday, weighed down by weakening fundamentals and cautious sentiment across the steel value chain. Rising supply combined with softer steel demand continued to pressure prices, while…
“Premium Content” marks a news item that needs a subscription to read in full.
