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
Dalian iron ore futures experience decline as concerns over insufficient government stimulus and downgraded growth forecasts weigh on market sentiment. Goldman Sachs, joining other major investment banks such as UBS…
With low nickel market inventory and a rebound in nickel prices, Taiwan's stainless steel market has experienced a resurgence in prices. The price of 304 cold-rolled coils has climbed to around TWD 68,000 (USD 2,217)…
Turkish steel producer, Kardemir has announced an adjustment in rebar and billet prices, according to its latest price list. The company has increased the prices of 12-32 mm rebar sizes to TRY 15,000 (USD 635) per ton…
Dalian iron ore futures extended gains as the Chinese central bank reduced the borrowing cost of its medium-term policy loans for the first time in 10 months. China's medium-term lending facility serves as a funding…
On Wednesday, Dalian iron ore futures continued their upward trajectory, driven by market optimism surrounding potential stimulus measures following the recent interest rate cut by the People's Bank of China (PBOC). The…
Dalian iron ore futures rebound on Tuesday following the Chinese central bank's decision to reduce a key short-term policy rate aimed at supporting the country's sluggish post-pandemic recovery. The People's Bank of…
Taiwan’s E-Sheng Steel Co. has decreased the prices of merchant bars by TWD 500-800 (USD 16-26) per ton. Following this adjustment, the new prices for angle (SS400) and flat bar (A36/SS400) range from TWD 25,800-26,800…
Dalian iron ore futures declined on Monday due to uncertainties surrounding the steel demand outlook caused by challenges in the property sector. The property sector is expected to face long-lasting weaknesses…
Turkey’s scrap import prices increased over the past week as mills booked cargoes at higher rates. Scrap import offers for Turkish market are at about USD 390 per ton CFR, marking an increase of USD 5-10 per ton…
Dalian iron ore futures extended their gains as concerns regarding a tepid economic recovery and disappointing economic data heightened expectations of stimulus to propel the economy. The fragile state of China's…
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