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 fell further on Wednesday, weighed down by concerns over weak demand and broader market headwinds. A key drag on sentiment is the escalating trade tension between the U.S. and China. Both countries have…
Iron ore futures retreated on Tuesday, reversing gains from the previous session when prices hit an eight-month high on supply concerns. The earlier rally was fueled by reports that China would impose new port fees on…
Iron ore futures gained on Monday, supported by robust Chinese steel export figures, even as concerns over soft domestic steel demand persisted. Iron ore futures opened lower in the morning session amid renewed China-US…
Turkey's imported scrap prices rose to USD 345-350 per ton CFR this week, up from USD 340-345 per ton last week, supported by higher freight and collection costs. Scrap buying activity picked up as Turkish mills booked…
Iron ore futures extended gains on Friday, supported by expectations of restocking by Chinese steel mills and potential policy support from Beijing. Analysts believe these factors could provide short-term stability for…
Turkish steelmaker Kardemir has launched a new sales round for rebar and wire rod, releasing updated prices in its latest list. Rebar is now offered at TRY 23,365 per ton (USD 560), up from TRY 22,475 per ton (USD 544)…
Iron ore futures gained in post-holiday trade on Thursday, supported by restocking demand after China's National Day break. Market sources said some steel mills have resumed iron ore purchases, lending support to…
Turkish steelmaker Kardemir has raised its wire rod prices by USD 10 per ton, according to its recent price list. The company is offering 5.5 mm SAE 1006 grade at USD 590 per ton EXW, while 5.5 mm SAE 1008-1010 grades…
Turkey's imported scrap prices rose this week to USD 340-345 per ton CFR, up from USD 335-340 per ton CFR last week, supported by higher freight and collection costs. However, buying sentiment remains weak as mills…
The Saudi Iron and Steel Company (Hadeed) has lowered long steel prices by SAR 75 (USD 20) per ton for October production. Under the new pricing, rebar (12-32 mm) is set at SAR 2,055 (USD 548) per ton, while wire rod…
Iron ore futures declined on Tuesday as disappointing manufacturing data weighed on sentiment. China's manufacturing PMI edged up to 49.8 in September from the previous month but remained in contraction for the sixth…
Iron ore futures fell on Monday as demand concerns deepened ahead of China's October holidays. Iron ore consumption has slowed as mills completed restocking before the October 1-8 break, reflected in rising inventories…
Turkey's scrap import prices moved up this week, supported by higher freight and collection costs. Prices were assessed at USD 335-340 per ton CFR, compared with USD 330-335 per ton CFR last week. Turkish steel mills…
Iron ore futures fell on Friday as slowing demand ahead of China's October holidays weighed on sentiment. The market had been supported earlier in the week by pre-holiday restocking, but sources noted most mills have…
Iron ore futures rose slightly on Thursday, supported by restocking demand ahead of China's National Day holidays (October 1-8), though the longer-term outlook remains bearish. Chinese steel mills continue to replenish…
Turkish steelmaker Kardemir has launched a new billet sales round, keeping prices unchanged from its September 3, 2025, announcement. The company is offering S235JR grade billets at USD 492 per ton EXW and B420 grade…
Iron ore futures were flat on Wednesday as an uncertain demand outlook weighed on sentiment. The market continues to draw some support from restocking ahead of China's October holidays and higher steel production in…
Iron ore futures fell on Tuesday as weak steel demand weighed on market sentiment. Pre-holiday restocking ahead of China's early October holidays provided some support, but sluggish steel consumption and high production…
Emirates Steel, a subsidiary of EMSTEEL Group, has kept its rebar prices unchanged for October production. The company's rebar will remain at AED 2,590 (USD 705) per ton on an EXW basis. The above prices exclude the…
Iron ore futures rose on Monday, supported by restocking demand from Chinese steel mills ahead of the October holidays and firm steel production levels. Commodity markets also expect additional policy support as Beijing…
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