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 inched higher on Friday, supported by a firm near-term demand outlook, although rising supply concerns limited further gains. Chinese steel mills continued restocking iron ore ahead of the May holiday…
Iron ore futures declined on Thursday, snapping a recent upward trend as the market weighed the near-term outlook. Iron ore futures had risen in previous sessions on the back of improving steel production and firm…
Iron ore futures extended gains on Wednesday, supported by restocking demand ahead of the May holiday period. Chinese steel mills maintained firm production levels amid firm downstream demand, supporting near-term iron…
Iron ore futures rose further on Tuesday, supported by steady near-term restocking and firm steel demand. Chinese steel production continued to improve on the back of healthy margins and stronger demand. Market…
Jindal Stainless has entered the retail segment with the launch of its stainless steel rebar under the brand name Jindal Infinity, expanding its presence beyond its traditional business-to-business operations. The move…
Iron ore futures posted gains on Monday, supported by steady demand and higher costs linked to ongoing tensions in the Middle East. Chinese steel mills continued to replenish iron ore inventories amid improving steel…
Iron ore futures edged higher on Friday, supported by a firm near-term demand outlook, although underlying concerns over supply continued to cap gains. Continued strength in Chinese steel production and stable domestic…
Iron ore futures rose sharply on Thursday, supported by improved demand indicators and positive macro sentiment, although supply-side pressures remain. China Iron and Steel Association (CISA) data showed member mills'…
Iron ore futures post gains on Wednesday, supported by a positive near-term demand outlook, although gains were limited by ongoing supply concerns. Iron ore futures were supported by steady demand from Chinese steel…
Marcegaglia and Danieli have signed an agreement to develop a new steelmaking and flat rolling facility in Fos-sur-Mer, France. The proposed plant will have capacity to produce over 2 mln tons per year of liquid steel…
Iron ore futures edged lower on Tuesday, pressured by rising supply expectations, while steady steel production limited the downside. Market sentiment weakened after reports that China Mineral Resources Group (CMRG) has…
Iron ore futures moved higher on Monday, supported by rising oil prices and sustained steel production. International oil prices climbed above USD 100 per barrel amid escalating US-Iran tensions after recent high-level…
Iron ore futures declined on Friday as market sentiment remained cautious over the demand outlook, while improving steel production helped limit losses. Iron ore futures came under pressure this week amid higher…
Iron ore futures declined on Thursday amid a weakening outlook and continued supply-side pressure. Higher shipments from major iron ore suppliers, along with high inventories at Chinese ports, remain key headwinds…
Iron ore futures extended losses on Wednesday, pressured by rising supply and an uncertain demand outlook. A temporary ceasefire between the US and Iran, including the reopening of the Strait of Hormuz, has reduced the…
Iron ore futures declined on Tuesday as sluggish demand and rising supply weighed on market sentiment. Recent data from the China Iron and Steel Association (CISA) showed that average daily crude steel output at member…
Iron ore futures slipped on Friday as ongoing Middle East tensions continued to drive volatility across commodity markets. Prices came under pressure following the completion of feedstock restocking by Chinese steel…
Iron ore futures declined on Thursday amid rising geopolitical tensions and a broader risk-off sentiment in global markets. A more hawkish stance from the U.S. administration on the Iran conflict triggered a market…
Iron ore futures rose on Wednesday, supported by cautious optimism over demand recovery despite ongoing headwinds. A steady recovery in Chinese steel production continued to underpin iron ore consumption, while…
Iron ore prices declined on Tuesday as easing supply concerns weighed on market sentiment. Earlier support from potential disruptions at major Australian ports due to Tropical Cyclone Narelle faded, as the impact on…
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