Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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989 news items in Prices. Show all
Iron ore futures edged higher on Thursday, supported by easing U.S.-China tensions, though profit-taking later trimmed early gains. The United States and China have agreed to a one-year trade truce following high-level…
Iron ore futures continued to rise on Wednesday, supported by optimism over easing trade tensions between the United States and China, the world's two largest economies. Market sentiment strengthened ahead of a planned…
Iron ore futures gained on Tuesday, supported by easing trade tensions between the U.S. and China and Beijing's new proposal to curb steel overcapacity, which lifted overall market sentiment. U.S. President Donald Trump…
Turkey's leading steel producer Kardemir has announced revised prices for its steel sections, according to its latest price list released last week. Prices for IPE-NPU sections (sizes 180-550 mm) remain unchanged at USD…
Iron ore futures climbed on Monday as easing trade tensions between Washington and Beijing boosted market sentiment, though demand concerns continued to weigh on the outlook. Iron ore futures gained after reports…
Turkey's imported scrap prices remained largely stable this week at USD 345-355 per ton CFR, as buying activity slowed due to weak finished steel demand and increased interest in lower-priced billets, particularly from…
The Saudi Iron and Steel Company (Hadeed) has announced its long steel prices for November production. The company's rebar (12-32 mm) prices have been increased by SAR 25 (USD 7) to SAR 2,080 (USD 555) per ton, while…
Iron ore futures declined on Friday as persistent demand concerns and shrinking steel mill margins weighed on market sentiment. Market participants reported reduced steel production levels as Chinese mills faced tighter…
Iron ore futures extended gains on Thursday, supported by optimism that Beijing may introduce new economic stimulus measures during an ongoing policy meeting this week. The four-day meeting of the Communist Party's…
Emirates Steel, a subsidiary of the EMSTEEL Group, has raised its rebar prices by AED 58 (USD 16) per ton for November production. The new price is set at AED 2,648 (USD 721) per ton, up from AED 2,590 (USD 705) in…
Iron ore futures rose on Wednesday as markets drew optimism from key policy meetings in Beijing, though underlying demand fundamentals remained soft. China's Communist Party began a major gathering on Monday to outline…
India's largest iron ore producer and exporter, National Mineral Development Corporation (NMDC), has lowered prices for both iron ore lump and fines. According to a stock exchange filing, NMDC cut prices by INR 550 (USD…
Iron ore futures inched higher on Tuesday as markets awaited potential stimulus signals from the ongoing Communist Party Central Committee session, which runs through October 23. Investors are watching closely for…
Tokyo Steel, Japan's leading electric arc furnace (EAF) steelmaker, announced that it will keep all product prices unchanged for November sales under its latest monthly pricing policy. The company's prices for HRC…
Iron ore futures fell on Monday, pressured by disappointing Chinese economic indicators that reinforced bearish demand expectations. China's property sector, once the country's largest steel consumer, remains a major…
Turkey's imported scrap prices inched higher this week to USD 345-355 per ton CFR, compared with USD 345-350 per ton last week, as mills booked fresh cargoes at higher levels. However, market sentiment remained cautious…
Iron ore futures edged lower on Friday, pressured by weak demand fundamentals that continue to weigh on market sentiment. Both raw material and steel futures struggled this week under multiple headwinds, including…
Iron ore futures fell again on Thursday as concerns over subdued demand continued to weigh on market sentiment. The commodity is under pressure from several headwinds, including renewed U.S.-China tensions and China's…
Taiwanese steelmaker China Steel Corporation (CSC) announced it will maintain prices across its full flat steel product range for November deliveries. The decision reflects stable global economic conditions alongside a…
Turkish steelmaker Kardemir has increased its billet prices by USD 8 per ton compared with levels announced on September 24. In its latest price list, the company is offering S235JR grade billets at USD 500 per ton EXW…
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