Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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738 news items in Stainless Steel. Show all
Outokumpu and Norsk e-Fuel have signed a memorandum of understanding to jointly explore a CO-to-sustainable aviation fuel (SAF) production plant located adjacent to Outokumpu's stainless steel operations at Koivuluoto…
Iron ore futures retreated on Thursday, with weaker steel production data and the sharp rally earlier in the week dampening spot-market buying. Iron ore futures had climbed in recent sessions on expectations of a…
Iron ore futures rallied sharply on Wednesday after Beijing reaffirmed its commitment to maintaining a moderately loose monetary policy in 2026. China's central bank said it would continue to ensure ample liquidity…
Iron ore futures extended gains on Tuesday, supported by improving market sentiment and expectations of stronger near-term demand. Prices were underpinned by the likelihood of a rebound in Chinese steel output as…
Iron ore futures posted modest gains in the first trading session of 2026, supported by short-term factors, although underlying market fundamentals remained fragile. Prices were underpinned by the resumption of…
Iron ore futures edged lower on Wednesday in the final morning session of 2025, with market sentiment weighed down by weak fundamentals. Rising global supply, elevated inventories at major Chinese ports, and subdued…
Turkey's Ministry of Trade has decided to apply a uniform definitive anti-dumping duty of 3.95pct on imports of cold-rolled stainless steel flat products of Chinese origin, according to the final notification issued…
Iron ore futures declined on Tuesday as the market remained caught between weak current fundamentals and short-term optimistic expectations, keeping sentiment mixed. Market participants said shipments from major miners…
Iron ore futures surged on Monday, driven by improved sentiment after Beijing signaled a more proactive fiscal policy stance for 2026. China will adopt a more expansionary fiscal approach next year, increasing spending…
Iron ore futures posted gains on Friday, supported mainly by sentiment-driven expectations, while underlying fundamentals remained weak. Iron ore futures were subdued earlier in the session after China's state planner…
Egyptian Customs Authority has extended the export duty on scrap and waste of stainless steel alloys classified under tariff heading 7204.21, according to an official decision. Under the measure, an export duty of EGP…
Iron ore futures rose on Thursday, supported by improved sentiment following Beijing's latest measures to support the troubled property sector, although weak market fundamentals continued to limit gains. China announced…
Iron ore futures edged higher on Wednesday as expectations of improved demand provided some support, though gains were limited by weak underlying fundamentals, keeping market sentiment cautious. Analysts said Beijing is…
Alleima has begun local production of two high-performance stainless steel grades, SAF 2906 and SAF 3006, at its facility in Mehsana, Gujarat. The advanced alloys are designed for applications requiring high corrosion…
Iron ore futures edged lower on Tuesday as a bearish outlook continued to pressure the market. A seasonal slowdown in steel demand has prompted many Chinese steel mills to schedule maintenance, a trend expected to…
Iron ore futures edged higher on Monday, though the overall demand outlook remained cautious as the market continued to assess underlying fundamentals. Market participants believe most negative factors, such as higher…
Iron ore futures extended gains on Friday, supported by expectations of near-term restocking, although weak fundamentals continued to limit the upside. Some market participants expect Chinese steel mills to replenish…
Iron ore futures rose further on Thursday, supported by easing domestic steel inventories and expectations of near-term restocking demand, which improved overall market sentiment. Inventories of major finished steel…
Iron ore futures extended gains on Wednesday, supported by an uptick in near-term demand, although the longer-term outlook remains bearish. Chinese steel mills have been replenishing raw material stocks ahead of…
Iron ore futures recovered on Tuesday, supported by higher steel production figures, although the broader demand outlook remained bearish amid weakening fundamentals. Data from the China Iron and Steel Association…
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