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
Turkish steelmaker Kardemir has increased its billet prices by USD 15 per ton in its latest sales round, according to its latest price list, compared to the levels announced early this month. As per the updated pricing…
The Saudi Iron and Steel Company (Hadeed) has maintained its long steel prices for August production. Rebar (12-32 mm) remains priced at SAR 2,130 (USD 566) per ton, while wire rod (6.5-16 mm) is unchanged at SAR 2,320…
Iron ore futures fell on Friday as rising supply stoked concerns among traders, although the near-term outlook remains firm due to resilient steel production. Exports from Australia's Port Hedland rose to 49.1 mln tons…
Iron ore futures extended their decline on Thursday, pressured by rising supply from major producers. In contrast, coking coal prices continued to climb amid persistent supply concerns. Brazil's Vale reported a 3.7pct…
Turkish steel producer Kardemir has announced updated prices for wire rod and rebar in its latest price list. The company increased wire rod prices by USD 10 per ton compared to the second week of July. It is now…
Coking coal futures surged to the daily upper limit on Wednesday, driven by concerns over potential supply disruptions following reports of a government inspection into coal mine production. According to local media…
Emirates Steel, a subsidiary of EMSTEEL Group, has kept rebar prices for August production unchanged for the sixth consecutive month. The company's price remains at AED 2,480 (USD 675) per ton on EXW basis. The above…
Iron ore futures continued to climb on Tuesday, supported by strong near-term demand and optimism around potential stimulus measures. Market sentiment was buoyed by news that China has begun construction on what will…
Iron ore futures surged, supported by the announcement of a major hydropower project and growing optimism over potential government stimulus measures. On Saturday, Chinese Premier Li Qiang announced the launch of a…
Turkey's imported scrap prices remained largely stable this week, as buying activity slowed due to weak finished steel sales and resistance from steel mills to accept higher scrap offers. Import offers were assessed in…
Iron ore futures rose on Friday, supported by firm near-term fundamentals and expectations of upcoming policy support from Beijing. Healthy profit margins have prompted blast furnace-based steel mills to boost…
Iron ore futures extended gains on Thursday, supported by short-term supply constraints and firm steel production. A decline in iron ore inventories at major Chinese ports and improved profit margins has encouraged…
Iron ore futures rose on Wednesday, supported by firm near-term fundamentals despite lingering demand concerns. While overall steel production has declined, blast furnace-based producers have maintained high output…
Iron ore futures edged up slightly on Tuesday, buoyed by encouraging economic data from China, though lingering demand concerns limited further gains. China's GDP grew 5.2pct YoY in Q2 2025, according to the National…
Iron ore futures edged higher on Monday, supported by robust trade figures, though lingering concerns over demand tempered gains. China's exports rose 5.8pct YoY in June 2025 (in USD terms), according to customs data…
Turkey's imported scrap market saw a slight uptick this week, even as sluggish finished steel sales slowed buying activity. Current import offers are assessed at USD 340-345 per ton CFR, up slightly from last week's USD…
Iron ore futures extended their rally on Friday, driven by solid near-term fundamentals and optimism over potential regulatory action from Beijing aimed at curbing aggressive price competition in the steel sector…
Iron ore futures climbed for a third consecutive session on Thursday, supported by growing expectations of fresh stimulus and regulatory action from Beijing aimed at curbing aggressive price competition. Investor…
Turkish steel producer Kardemir has issued updated prices for wire rod and rebar, according to its latest price list. The company reduced wire rod prices by USD 10 per ton compared to the last week of June. It is now…
Iron ore futures extended their gains on Wednesday, supported by firm short-term fundamentals, though gains were limited by mixed economic data and persistent concerns over demand. Despite a decline in overall output…
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