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 slightly higher on Tuesday, supported by firm short-term fundamentals, though gains were limited by a weakening demand outlook. Chinese steel mills continue to operate at elevated output levels…
Iron ore futures declined on Monday as weakening demand fundamentals weighed on market sentiment. Data from the China Iron and Steel Association (CISA) showed that average daily crude steel output among key member mills…
Turkey's scrap import prices came under pressure this week, as sluggish finished steel sales kept mills cautious. Current import offers are assessed in the range of USD 335-345 per ton CFR, as compared to USD 345 per…
Ezz Steel, one of Egypt's leading steel producers, has maintained its rebar prices unchanged for July, extending its streak of price stability to nine consecutive months. The current price remains at EGP 38,200 (USD…
Iron ore futures rose further on Friday, supported by firm near-term fundamentals and renewed policy backing from Beijing. Higher production by blast furnace-based steelmakers, driven by strong profit margins, continued…
Turkey's leading steelmaker, Kardemir, has announced updated pricing for its steel sections. According to the latest price list, IPE-NPU sections (sizes 180-550 mm) are now offered at USD 680-760 per ton EXW, compared…
Pakistani flat steel producers International Steels Limited (ISL) and Aisha Steel have announced a PKR 8,000 (USD 25) per ton reduction in cold rolled coil (CRC) and galvanized coil prices, effective July 2, 2025. This…
Iron ore futures rallied on Thursday, driven by optimism that Beijing may roll out policy measures to stabilize its industrial sector. Investors responded positively to signals from Beijing, where top officials pledged…
India's largest iron ore producer and exporter, National Mineral Development Corporation (NMDC), has announced a price cut of INR 500-600 (USD 5.83-7) per ton, according to a stock exchange filing. Following the…
Turkish steelmaker Kardemir has reduced its billet prices by USD 10 per ton, according to its latest price list, compared to the levels announced on June 11, 2025. As per the updated pricing, S235JR grade billets are…
Iron ore futures climbed on Wednesday, supported by strong steel production, particularly from blast-furnace-based mills that are currently enjoying healthy profit margins thanks to lower raw material costs. The…
The Saudi Iron and Steel Company (Hadeed) has reduced its long steel prices for June. The company's rebar (12-32 mm) prices were lowered by SAR 100 (USD 27) per ton, now offered at SAR 2,130 (USD 566) per ton. Wire rod…
Iron ore futures fell on Tuesday as market sentiment remained cautious amid an uncertain demand outlook. Concerns over demand were heightened by rumors that some Chinese cities may introduce steel production cuts for…
Iron ore futures inched higher on Monday, supported by steady steel production and some encouraging economic indicators, though gains were capped by lingering concerns over long-term demand. China's official…
Iron ore futures rebounded on Thursday, supported by firm near-term fundamentals and growing expectations of economic stimulus, despite lingering concerns over steel demand. Chinese blast furnace-based steelmakers…
Turkish steelmaker Kardemir has kept its wire rod prices unchanged, according to its latest price list. The company maintained prices at USD 590 per ton EXW for 5.5 mm SAE 1006 grade and USD 580 per ton EXW for 5.5 mm…
Iron ore futures extended losses on Wednesday, weighed down by a weak demand outlook. Market sentiment remained bearish amid rising shipments from major miners and expectations of a seasonal slowdown in steel demand…
Emirates Steel, a subsidiary of the EMSTEEL Group, has announced that rebar prices for July production will remain unchanged for the fifth month in a row. The company has maintained its rebar price at AED 2,480 (USD…
Iron ore futures declined on Tuesday, pressured by an increase in shipments from major producers and lingering uncertainty over steel demand. Market sources noted that iron ore shipments from Australia and Brazil surged…
Iron ore futures rose on Monday, supported by steady near-term demand, though gains were limited by persistent concerns over future consumption. Chinese steel mills, particularly those using blast furnaces, kept…
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