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 moved higher on Monday, supported by rising oil prices and sustained steel production. International oil prices climbed above USD 100 per barrel amid escalating US-Iran tensions after recent high-level…
Turkey's scrap import prices remained stable this week, with HMS 1&2 (80:20) assessed around USD 400 per ton CFR, while buying activity slowed amid weak finished steel demand. Despite limited trading, suppliers…
Iron ore futures declined on Friday as market sentiment remained cautious over the demand outlook, while improving steel production helped limit losses. Iron ore futures came under pressure this week amid higher…
Turkish steelmaker Kardemir has opened a new billet sales round, maintaining prices at previous levels. The company is offering S235JR-grade billet at USD 540 per ton EXW and B420-grade billet at USD 550 per ton EXW…
Iron ore futures declined on Thursday amid a weakening outlook and continued supply-side pressure. Higher shipments from major iron ore suppliers, along with high inventories at Chinese ports, remain key headwinds…
Saudi Arabia's Saudi Iron and Steel Company (Hadeed) has increased prices for its long steel products for April deliveries, marking its second hike within a week. Rebar prices (12-32 mm) have been raised by SAR 100 (USD…
Turkey's leading steel producer Kardemir has announced new prices for steel sections following a prolonged period without revisions. Prices for IPE-NPU sections (180-550 mm) were reduced by USD 10-15 per ton to USD…
Iron ore futures extended losses on Wednesday, pressured by rising supply and an uncertain demand outlook. A temporary ceasefire between the US and Iran, including the reopening of the Strait of Hormuz, has reduced the…
Iron ore futures declined on Tuesday as sluggish demand and rising supply weighed on market sentiment. Recent data from the China Iron and Steel Association (CISA) showed that average daily crude steel output at member…
India's largest iron ore producer, National Mineral Development Corporation (NMDC), has increased prices for iron ore lump and fines by INR 450-500 per ton (USD 4.8-5.3), effective 5 April, according to a stock exchange…
Turkey's scrap import prices continued to firm this week, reaching around USD 400 per ton CFR, up from USD 390-400 per ton last week. Some offers, particularly from U.S. suppliers, were heard above USD 400 per ton. The…
Iron ore futures slipped on Friday as ongoing Middle East tensions continued to drive volatility across commodity markets. Prices came under pressure following the completion of feedstock restocking by Chinese steel…
Iron ore futures declined on Thursday amid rising geopolitical tensions and a broader risk-off sentiment in global markets. A more hawkish stance from the U.S. administration on the Iran conflict triggered a market…
Turkish steelmaker Kardemir has increased prices for billet and rebar in its latest sales round. Billet prices were raised by USD 35-40 per ton compared to the previous month, with S235JR grade now offered at USD 540…
Pakistan's flat steel producers, International Steels Limited (ISL) and Aisha Steel, have increased domestic prices for cold-rolled and galvanized steel by PKR 5,000 (USD 18) per ton. Following the increase, ISL's 1 mm…
Iron ore futures rose on Wednesday, supported by cautious optimism over demand recovery despite ongoing headwinds. A steady recovery in Chinese steel production continued to underpin iron ore consumption, while…
Saudi Arabia's Saudi Iron and Steel Company (Hadeed) has increased prices for its long steel products for April deliveries. Its rebar prices (12-32 mm) have been raised by SAR 100 (USD 27) to SAR 2,460 (USD 656) per…
Iron ore prices declined on Tuesday as easing supply concerns weighed on market sentiment. Earlier support from potential disruptions at major Australian ports due to Tropical Cyclone Narelle faded, as the impact on…
Iron ore futures were largely steady on Monday, with improving demand providing support against downside pressure. Production at Chinese blast furnace mills continued to recover, underpinning iron ore consumption…
Turkey's scrap import prices increased sharply this week, reaching around USD 390-400 per ton CFR, up from USD 375 per ton before the Eid holidays. The rise was driven by higher freight and energy costs linked to Middle…
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