Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
Got a story for the Middle East steel market? Submit news
738 news items in Stainless Steel. Show all
Iron ore futures slipped on Thursday as rising global supply and soft steel demand continued to weigh on sentiment, though restocking by some Chinese mills helped limit the decline. Prices also found some support from a…
Iron ore futures edged higher on Wednesday, supported by steady near-term demand, though a bearish outlook continues to cap gains. Some Chinese steel mills are replenishing iron ore inventories ahead of the winter…
Iron ore futures continued to rise on Tuesday, supported by short-term restocking ahead of the winter season, though a fragile demand outlook kept gains in check. Analysts said mills are replenishing inventories to…
Iron ore futures jumped on Monday as expectations of new economic stimulus from Beijing boosted market sentiment. Commodity markets gained after China's finance minister signalled that fiscal policy will be strengthened…
Iron ore futures edged higher on restocking demand ahead of the winter season, though the broader outlook remains bearish due to weakening fundamentals. Analysts noted that some Chinese steel mills are replenishing…
Iron ore futures stayed under pressure on Thursday as a bearish demand outlook continued to weigh on sentiment. Analysts noted that soft steel demand has largely been priced in, but the absence of strong positive…
Iron ore futures advanced on Wednesday, although uncertainty persists over the demand outlook. Market participants said prices were partly supported by expectations of fresh stimulus and relatively firm production…
Outokumpu has signed a new unsecured EUR 800 mln (USD 926 mln) revolving credit facility, replacing its existing and currently unused EUR 700 mln facility. The new credit line will be available for general corporate…
Iron ore futures traded in a narrow range on Tuesday, as persistent demand uncertainty kept market sentiment subdued. Traders expect milder-than-anticipated output curbs by Chinese authorities, given that steel…
Iron ore futures traded in a narrow range on Monday, with improved macroeconomic sentiment providing some support, while weak fundamentals limited gains. China's consumer price index (CPI) rose 0.2pct YoY in October…
Iron ore futures declined on Friday as weak demand and reduced steel output weighed on market sentiment. Chinese steel production continues to slow, with mills cutting output due to shrinking profitability and soft…
Iron ore futures rose for the first time this week on Thursday, supported by restocking activity at some Chinese steel mills taking advantage of lower prices. However, gains were limited by persistent demand concerns…
Iron ore futures continued to fall on Wednesday as sluggish steel demand and reduced mill production kept market sentiment bearish. Chinese steelmakers have been scaling back operations due to shrinking margins, while…
Iron ore futures extended losses on Tuesday as disappointing manufacturing data and weak market fundamentals deepened concerns over steel demand in China. The RatingDog China General Manufacturing PMI, compiled by S&P…
Iron ore futures declined on Monday, pressured by weak steel demand and falling production in China. Rising inventories at major Chinese ports and cautious restocking by steel mills have further dragged down prices…
Iron ore futures fell on Friday as weak steel fundamentals and soft economic data dampened market sentiment. Iron ore futures rallied earlier in the week on optimism over easing U.S.-China trade tensions, but momentum…
Outokumpu is advancing its EVOLVE strategy (2026-2030) with a USD 45 mln investment in a new pilot plant in New Hampshire, U.S., aimed at producing carbon-free materials such as chromium metal and enriched ferrochrome…
Iron ore futures edged higher on Thursday, supported by easing U.S.-China tensions, though profit-taking later trimmed early gains. The United States and China have agreed to a one-year trade truce following high-level…
Iron ore futures continued to rise on Wednesday, supported by optimism over easing trade tensions between the United States and China, the world's two largest economies. Market sentiment strengthened ahead of a planned…
Iron ore futures gained on Tuesday, supported by easing trade tensions between the U.S. and China and Beijing's new proposal to curb steel overcapacity, which lifted overall market sentiment. U.S. President Donald Trump…
“Premium Content” marks a news item that needs a subscription to read in full.
