Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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986 news items in Prices. Show all
Iron ore futures were largely unchanged on Monday, as the market looked for clearer direction. Rising supply continued to weigh on prices, although pre-holiday restocking provided some support. Shipments to China from…
Turkey's scrap import prices increased this week, supported by reports of a limited number of deals at higher price levels. HMS 1&2 (80:20) import prices were assessed at USD 405 per ton CFR, up USD 5 per ton…
Iron ore futures inched higher on Friday, supported by a firm near-term demand outlook, although rising supply concerns limited further gains. Chinese steel mills continued restocking iron ore ahead of the May holiday…
Saudi Arabia's Saudi Iron and Steel Company (Hadeed) has increased prices for its long steel products, marking its fourth hike since early April amid ongoing cost pressures linked to Middle East disruptions. Rebar…
Turkish steelmaker Kardemir opened a new billet sales round on April 22, 2026, and closed it shortly after securing a sizable volume of orders from the domestic market. The company offered S235JR-grade billet at USD 535…
Iron ore futures declined on Thursday, snapping a recent upward trend as the market weighed the near-term outlook. Iron ore futures had risen in previous sessions on the back of improving steel production and firm…
Emirates Steel, a subsidiary of EMSTEEL Group, has kept its rebar prices unchanged for May production. The company maintained its rebar price at AED 2,721 (USD 741) per ton ex-works, excluding 5pct VAT. Market sources…
Iron ore futures extended gains on Wednesday, supported by restocking demand ahead of the May holiday period. Chinese steel mills maintained firm production levels amid firm downstream demand, supporting near-term iron…
Iron ore futures rose further on Tuesday, supported by steady near-term restocking and firm steel demand. Chinese steel production continued to improve on the back of healthy margins and stronger demand. Market…
Iron ore futures posted gains on Monday, supported by steady demand and higher costs linked to ongoing tensions in the Middle East. Chinese steel mills continued to replenish iron ore inventories amid improving steel…
Turkey's scrap import prices remained largely unchanged this week, as weak finished steel demand continued to limit buying interest from mills. HMS 1&2 (80:20) import prices were assessed at USD 400 per ton CFR. Market…
Egypt's Ezz Steel has increased rebar prices in the domestic market, reflecting rising costs and policy-driven supply constraints. The company raised its rebar offer to EGP 39,850 (USD 769) per ton EXW, up from EGP…
Iron ore futures edged higher on Friday, supported by a firm near-term demand outlook, although underlying concerns over supply continued to cap gains. Continued strength in Chinese steel production and stable domestic…
Taiwanese steelmaker China Steel Corporation (CSC) has increased flat steel prices for May deliveries, citing rising raw material costs and improving market conditions. Hot rolled plates and coils (commercial and…
Saudi Arabia's Saudi Iron and Steel Company (Hadeed) has increased prices for its long steel products for April deliveries, marking its third hike since the start of the month. The company's rebar prices (12-32 mm) have…
Turkish steelmaker Kardemir has increased prices for its wire rod prices in the latest sales round. Wire rod prices were raised by USD 28 per ton, with 5.5 mm SAE 1006 grade offered at USD 645 per ton EXW, while SAE…
Iron ore futures rose sharply on Thursday, supported by improved demand indicators and positive macro sentiment, although supply-side pressures remain. China Iron and Steel Association (CISA) data showed member mills'…
Iron ore futures post gains on Wednesday, supported by a positive near-term demand outlook, although gains were limited by ongoing supply concerns. Iron ore futures were supported by steady demand from Chinese steel…
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…
Domestic HRC prices in Saudi Arabia have increased amid tightening supply and ongoing logistics disruptions linked to regional geopolitical tensions, market sources said. Saudi Arabia's Saudi Iron and Steel Company…
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