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
Turkey's scrap import prices fell this week, pressured by weak steel demand. Prices were assessed at USD 330-335 per ton CFR, down from USD 335-345 per ton CFR last week. Buying activity remains subdued, with mills…
Iron ore futures climbed on Friday, supported by restocking demand ahead of the October holidays and higher steel production levels. Analysts noted that these factors are underpinning near-term demand for iron ore…
Iron ore futures slipped on Thursday as uncertainty over demand persisted. While restocking by Chinese steel mills ahead of the October holidays and expectations of stronger steel demand provided some support, concerns…
China Steel Corp (CSC), Taiwan's largest steelmaker, will raise domestic prices of HRC, plates, CRC, and rerolling-grade HRC by TWD 500 (USD 16.5) per ton for October, while keeping EG, galvanized, and electrical steel…
Turkish steelmaker Kardemir has opened a new sales round for rebar and wire rod, according to its latest price list. Rebar was set at TRY 22,475 per ton (USD 544), slightly higher than TRY 22,455 per ton (USD 547) in…
Iron ore futures remained range-bound on Wednesday as demand concerns weighed on sentiment. Iron ore consumption was supported by Chinese steel mills boosting output after Tangshan lifted environmental curbs, along with…
Iron ore futures rebounded on Tuesday, supported by firm near-term demand, though concerns about the outlook persist. Daily crude steel production at China Iron and Steel Association (CISA) member mills averaged 2.08…
Tokyo Steel, Japan's leading electric arc furnace (EAF) steelmaker, has announced price cuts for October sales under its latest monthly policy. For flat products, HRC (1.7-22 mm) and pickled and oiled coil (1.7-6 mm)…
Iron ore futures declined on Monday as weak economic data dampened market sentiment, though firm near-term fundamentals helped limit losses. China's economy showed further strain in August, with sluggish domestic demand…
Turkey's scrap import prices held largely stable this week at USD 335-345 per ton CFR, edging down slightly from USD 337-345 per ton CFR a week earlier, as limited buying activity continued. With finished steel demand…
Iron ore futures closed nearly flat on Friday, with firm near-term demand tempered by sluggish steel consumption. Market sentiment was supported by expectations of resumed steel production after environmental curbs were…
Iron ore futures slipped on Thursday as concerns over weak steel demand resurfaced. Rising inventories of finished steel products, particularly long steel, at major Chinese stockists highlighted sluggish domestic…
Iron ore futures rose slightly on Wednesday, supported by expectations of stronger steel output after environmental curbs on Tangshan mills were lifted last week. A drop in weekly shipments from major suppliers also…
Iron ore futures extended gains on Tuesday, supported by expectations of stronger steel production following the lifting of output curbs in Tangshan, imposed earlier for a parade in Beijing. Analysts said higher steel…
Iron ore futures rose on Monday, supported by resilient Chinese steel exports and reduced shipments from Brazil. Market sources said Brazilian iron ore exports fell sharply last week due to scheduled berth maintenance…
Turkish steelmaker Kardemir lowered its wire rod prices by USD 10 per ton in its latest price list, compared with July 23 levels. The company is now offering 5.5 mm SAE 1006 grade wire rod at USD 580 per ton EXW, and…
Iron ore futures rose on Thursday, supported by expectations of higher demand after Tangshan steel mills resumed operations following the end of Beijing's military parade-related output curbs on September 3. Analysts…
Turkish steelmaker Kardemir has cut billet prices by USD 8 per ton in its latest sales round compared with August 14 levels. The company is now offering S235JR grade billets at USD 492 per ton EXW and B420 grade billets…
Iron ore futures rose on Wednesday, supported by expectations of stronger demand as Tangshan steel output curbs near their end. Beijing had ordered Tangshan mills to cut production from August 25 to September 3 for a…
Iron ore futures inched up on Tuesday as investors weighed hopes of stronger demand once Beijing lifts steel production curbs after this week's military parade against persistent signs of weak steel consumption…
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