Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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990 news items in Prices. Show all
Pakistan's flat steel manufacturers, International Steels Limited (ISL) and Aisha Steel, have announced a price reduction for CRC and galvanized coil for the domestic market. This marks the first adjustment in prices…
Iron ore futures tumbled on Monday as sentiments were dampened by unfavorable economic data. The National Bureau of Statistics (NBS) reported that the producer price index (PPI) fell for the ninth consecutive month in…
Turkey has witnessed a decrease in scrap import prices over the past two weeks as buying activity remains minimal due to weak finished steel. Scrap import offers for the Turkish market hover around USD 375 per ton CFR…
Turkey's major steel producer, Kardemir has lowered steel sections prices, according to the company's new price list. The company's new price range for IPE-NPU (160-550 mm) is USD 750-900 per ton EXW, which is lower…
Iron ore futures dropped on Friday due to diminishing expectations of broader stimulus measures. Despite the recent slowdown in economic recovery, analysts believe the likelihood of significant stimulus is unlikely, as…
Turkish steel producer, Kardemir has announced new rebar prices, according to its latest price list. The company has raised the prices of rebar sizes ranging from 12-32 mm to TRY 15,850 (USD 607) per ton, compared to…
Iron ore futures recorded gains on Thursday, driven by the anticipation of additional stimulus measures aimed at bolstering the country's post-COVID economic recovery. However, concerns persist regarding the demand…
Turkish steel producer, Kardemir has decreased billet and wire rod prices, according to its latest price list. Kardemir's S235JR grade 150 mm billet is now offered at USD 565 per ton EXW, representing a decrease from…
Dalian iron ore futures experienced a slight uptick on Wednesday, however, the overall outlook remains uncertain due to several factors, including the ongoing Tangshan output curbs and a weakening demand for steel…
Shanghai steel futures continued their upward trend on Tuesday, driven by ongoing production restrictions in Tangshan, China's leading steelmaking city. Tangshan has instructed steel mills to limit their steel and…
The Dalian iron ore futures experienced a decrease on Monday as reports emerged regarding Tangshan ordered steel mills to reduce production in order to combat air pollution According to the reports, Tangshan, a major…
Dalian iron ore futures witnessed a drop in Monday's post-holiday trade as weak steel demand overshadowed the rise in steel output China's daily crude steel output reached 2.95 mln tons from June 11 to 20, a 1.11pct…
Weak demand from the construction industry has pushed zinc prices to levels which leave some miners with little or no profit and a prolonged period below USD 2,400 a ton is likely to trigger output cuts. Used for…
Turkey's scrap import prices have remained unchanged in the past week as mills refrain from entering the market amid sluggish steel demand. Scrap import offers for the Turkish market are currently hovering around USD…
Turkish steel producer, Kardemir has decreased billet and wire rod prices, according to its latest price list. Kardemir's S235JR grade 150 mm billet is now offered at USD 575 per ton EXW, representing a decrease from…
Saudi Iron and Steel Company (Hadeed) has decided to keep the prices of rebar and wire rod unchanged for the production in July. The company has maintained the pricing of rebar, ranging from 12-32 mm, and wire rod…
Dalian iron ore futures continued their downward trajectory on Wednesday, as a bleak demand outlook weighed on market sentiment. Hopes for substantial stimulus measures ahead of the Chinese national holidays fizzled…
UAE's Emirates Steel Arkan (ESA) has announced that it will keep rebar prices unchanged for July production. ESA will continue offering rebar at AED 2,450 (USD 667) per ton CPT Abu Dhabi and AED 2,458 (USD 669) per ton…
Dalian iron ore futures continued their downward trend on Tuesday despite the Chinese central bank's reduction in a key lending benchmark rates, failing to provide a boost to the futures market. The People's Bank of…
Taiwan’s China Steel Corp (CSC) has announced a reduction in domestic steel prices for deliveries in July, citing sluggish demand. However, the company remains optimistic about a recovery in demand during the second…
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