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
Iron ore futures climbed on Wednesday, supported by strong steel production, particularly from blast-furnace-based mills that are currently enjoying healthy profit margins thanks to lower raw material costs. The…
Iron ore futures fell on Tuesday as market sentiment remained cautious amid an uncertain demand outlook. Concerns over demand were heightened by rumors that some Chinese cities may introduce steel production cuts for…
Saudi Arabia has imposed final anti-dumping duties on imports of longitudinally welded circular stainless steel pipes from China and Taiwan. The decision, issued by Minister of Commerce and GAFT Chairman Dr. Majed…
Iron ore futures inched higher on Monday, supported by steady steel production and some encouraging economic indicators, though gains were capped by lingering concerns over long-term demand. China's official…
Iron ore futures rebounded on Thursday, supported by firm near-term fundamentals and growing expectations of economic stimulus, despite lingering concerns over steel demand. Chinese blast furnace-based steelmakers…
Iron ore futures extended losses on Wednesday, weighed down by a weak demand outlook. Market sentiment remained bearish amid rising shipments from major miners and expectations of a seasonal slowdown in steel demand…
Turkey's Ministry of Commerce has extended anti-dumping duties on imports of stainless steel tubes and hollow sections from China and Taiwan, following a review to assess the need for continuing the measures. The…
Iron ore futures declined on Tuesday, pressured by an increase in shipments from major producers and lingering uncertainty over steel demand. Market sources noted that iron ore shipments from Australia and Brazil surged…
Iron ore futures rose on Monday, supported by steady near-term demand, though gains were limited by persistent concerns over future consumption. Chinese steel mills, particularly those using blast furnaces, kept…
Global stainless steel production reached 15.54 mln tons in the first quarter of 2025, marking a 6.2pct YoY increase, according to the latest data from the World Stainless Association (Worldstainless). However, output…
Outokumpu, a global leader in sustainable stainless steel, has partnered with Alstom, a leading provider of smart mobility solutions, to supply Outokumpu Circle Green, a stainless steel with up to 93pct lower carbon…
Dalian iron ore futures rose on Friday, supported by steady steel production and resilient demand. However, the broader market outlook remains uncertain. Chinese blast furnace-based steel mills continue to operate…
Iron ore futures posted modest gains on Thursday, supported by higher steel production. Although overall steel output has slowed, mills are still operating at relatively high levels, limiting the drop in iron ore…
Iron ore futures fell on Wednesday, pressured by weak demand due to a seasonal slowdown in steel consumption. The summer lull has led several steel producers to scale back output, with China's crude steel production…
Iron ore futures edged down on Tuesday as market sentiment remained cautious amid an uncertain demand outlook. A seasonal slowdown in steel demand has led to reduced steel production, weighing on market confidence…
Iron ore futures inched higher on Monday, supported by encouraging economic data, though the overall demand outlook remains weak. China's retail sales in May grew at their fastest pace since late 2023, boosted by…
Iron ore futures edged lower on Friday as market sentiment was weighed down by a weakening demand outlook. Rising iron ore inventories at major Chinese ports, driven by higher arrivals and slower offtake, added to…
Iron ore futures declined on Thursday, as lingering concerns over weak demand overshadowed the positive sentiment sparked by encouraging developments in U.S.-China trade talks. U.S. President Trump commented favorably…
Iron ore futures rebounded on Wednesday, supported by renewed optimism in U.S.-China trade talks, although concerns about demand continued to weigh on the market. According to media reports, negotiators from both…
Iron ore futures fell on Tuesday, weighed down by a bearish demand outlook amid rising shipments and expectations of weakening steel consumption. According to analysts, weekly shipments from key suppliers Australia and…
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