Iron ore slips on Tangshan curbs
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…
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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…
Turkish steel producer Kardemir has announced its sales allocation plan for Q2 2026, increasing billet and rebar volumes while reducing allocations for wire rod and profiles compared with the previous quarter. Billet…
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…
South Africa's International Trade Administration Commission (ITAC) has imposed definitive anti-dumping duties on imports of certain structural steel products from China and Thailand, following a final determination…
British Steel has secured a GBP 70 mln (USD 93.6 mln) export contract to supply 120,000 tons of billet for port redevelopment projects in Nigeria, marking one of the largest orders in the company's history. The…
Emirates Steel, a subsidiary of EMSTEEL Group, has kept its rebar prices unchanged for April production. The company maintained its rebar price at AED 2,721 (USD 741) per ton EXW, excluding 5pct VAT. Headquartered in…
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…
Tata Steel has commissioned its first scrap-based electric arc furnace (EAF) in India, marking a step toward expanding low-emission steelmaking capacity, the company said. The facility, located in Ludhiana, Punjab, has…
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…
Turkish steel producer Ekinciler Demir Celik has selected Danieli to supply a sixth-generation Horizontal Billet Welder (HBW) equipped with K-Welding technology for its rolling mill in Turkey. The new system will enable…
Ukraine has initiated an anti-dumping investigation into imports of steel bars and angles from Turkey, following a complaint filed by domestic steel producer ArcelorMittal Kryvyi Rih. According to Ukraine's…
Jindal Steel Duqm LLC has received a 935-ton reactor at the Port of Duqm, with the heavy-lift operation handled by Kanoo Shipping, a major ship service provider in the Middle East. The operation was carried out under…
BelRemaitha Steel Factory (BR Steel), based in Ajman, has completed its first commercial export shipment of 1,000 tons of steel billets to Saudi Arabia, marking a key milestone following months of operational testing…
Saudi-based Riyadh Steel reported lower revenue but higher net profit in 2025, according to a filing on the Saudi Exchange. The company's revenue declined 7pct YoY to SAR 151.16 mln (USD 40.3 mln) in 2025, compared with…
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…
China's Xiangtan Iron & Steel (Group) Co., Ltd. has awarded SMS group a contract to supply a four-strand bloom caster (CCM#12) for its existing BOF shop in Xiangtan city. The new caster will produce ultra-high-quality…
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…
Iron ore futures declined on Monday as lower Chinese steel production and rising supply weighed on market sentiment. Daily crude steel output among mills of the China Iron and Steel Association (CISA) fell 0.8pct during…
Jingye (Yingkou) Medium Plate Co. Ltd. has signed a contract with SMS group to modernize the No.1 high-speed wire rod line at its Yingkou plant in China, aiming to expand the line's product diameter range and improve…
The International Rebar Producers and Exporters Association (Irepas) said in its latest short-range outlook that the ongoing conflict in the Middle East has significantly increased uncertainty in the global long steel…
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