Iron ore futures traded in a narrow range on Wednesday, edging slightly higher as expectations of potential stimulus from China offered support, though weak market fundamentals continued to limit gains. Market…
Marcegaglia Stainless Sheffield has completed a further phase of its major melt shop modernization project with the installation of water-cooled ducting on its electric arc furnace (EAF). The works, carried out by…
Iron ore futures rose on Tuesday, supported by sharply higher freight costs amid escalating tensions in the Middle East. Freight rates have surged following the dramatic escalation of conflict in the region, which has…
Iron ore futures rose on Monday, recovering from earlier losses as a sharp jump in oil prices and freight costs linked to escalating Middle East tensions supported the market, though underlying demand concerns continued…
Iron ore futures edged higher on Friday, supported by rising steel production and expectations of seasonal demand improvement, although gains remained limited amid concerns over environmental-related output curbs ahead…
Iron ore futures remained under pressure on Wednesday as the market stayed cautious over the near-term demand outlook. Iron ore futures found some support from expectations that higher steel production levels and the…
Iron ore futures rose on Wednesday, supported by expectations of improved near-term demand. Market analysts anticipate that Chinese steel mills may increase production in the coming weeks, boosting iron ore consumption…
Dalian iron ore futures resumed trading on a weaker note after the holiday break, extending the bearish trend seen before the Chinese New Year holidays. Higher iron ore inventories at major Chinese ports and rising…
Mukand Limited, part of the Bajaj Group, has been awarded Green Steel certification by the National Institute of Secondary Steel Technology (NISST) under India's new Green Steel Taxonomy. The certification recognizes…
Tubacex has secured three new umbilical tube contracts worth a combined EUR 26 mln (USD 30.6 mln), lifting its order book in this high-value offshore Oil & Gas segment to a record level. Awarded by three global clients…
Iron ore futures fell during pre-holiday trading on Friday, as weak demand fundamentals continued to weigh on market sentiment. Trading activity has thinned sharply ahead of China's week-long holiday starting next week…
Jindal Stainless has partnered with Indian Railways to develop India's first corrosion-resistant stainless steel container designed specifically for bulk salt transportation, the company said in a stock exchange filing…
Iron ore futures traded lower on Thursday, extending recent volatility as a weak demand outlook across China's steel sector continued to pressure the market. Muted activity in the physical steel market has kept Chinese…
Iron ore futures traded in a narrow range on Wednesday after China's central bank reaffirmed a moderately accommodative monetary stance, though weak market fundamentals continued to cap any upside. The People's Bank of…
India's Steel Minister HD Kumaraswamy has launched the third round of the Production-Linked Incentive (PLI) Scheme for Specialty Steel, targeting the addition of 8.7 mln tons of upgraded alloy and specialty steel…
Aperam has completed a major upgrade of its stainless steel meltshop in Genk, Belgium, improving operational reliability, flexibility and environmental performance. The project, delivered by Primetals Technologies…
Iron ore futures finished the daytime session little changed on Tuesday, with the market constrained by weak fundamentals and slowing activity in the physical steel market ahead of the Chinese New Year holidays. Prices…
Iron ore futures fell on Monday as subdued fundamentals continued to weigh on sentiment for the key steelmaking raw material. Higher iron ore inventories at major Chinese ports, coupled with rising global supply and a…
Iron ore futures fell on Friday, extending losses across all morning sessions this week, as weak fundamentals continued to weigh on market sentiment. Iron ore futures remained under pressure due to higher port-side…
Iron ore futures extended losses on Thursday for a fourth consecutive session, as weak fundamentals and ample supply continued to pressure the market. Rising global shipments and higher inventories at Chinese ports are…