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
750 news items from China. Show all
Iron ore futures edged lower on Tuesday as the market struggled to find clear direction, with lower global shipments offset by subdued steel demand and cautious sentiment ahead of potential policy support from Beijing…
Iron ore futures drifted lower on Monday as sluggish downstream steel demand continued to weigh on sentiment, while investors awaited policy signals from China's Politburo meeting later this week. Market insiders said…
Iron ore futures edged lower on Friday as fresh steel production curbs in Tangshan weighed on the demand outlook, while hopes for fresh policy support ahead of next week's Politburo meeting were tempered by doubts over…
Iron ore futures posted gains on Thursday as expectations of additional Chinese policy support ahead of next week's Politburo meeting lifted market sentiment, while higher freight costs increased the delivered cost of…
Iron ore futures weakened on Wednesday as expectations of rising global supply continued to pressure the market, while increased blast furnace maintenance at Chinese steel mills added to concerns over near-term demand…
China's Chengde Jianlong has completed the commissioning of a Kocks RSB 500++/4 reducing and sizing block, following the issuance of the Final Acceptance Certificate (FAC), enabling the production of larger-sized…
Iron ore futures declined on Tuesday as subdued steel demand and cautious purchasing by Chinese mills continued to pressure the market, while expectations of rising global supply kept sentiment weak. Market insiders…
China's Wuhan Iron and Steel Co. (WISCO), a subsidiary of Baowu Steel Group, has awarded Primetals Technologies a contract to convert its compact strip production (CSP) line into a conventional hot strip mill (HSM)…
Iron ore futures edged lower on Monday as weak steel demand continued to weigh on market sentiment, offsetting support from weather-related disruptions to iron ore arrivals in China. Market insiders said heavy rainfall…
Iron ore futures edged higher on Friday as tighter port supplies and continued inventory drawdowns in China lent support to the market, although weak downstream steel demand continued to cap gains. Market insiders said…
Iron ore futures were little changed on Thursday as resilient Chinese steel production and a weekly drawdown in port-side inventories helped offset concerns over the medium-term demand outlook. According to the China…
Iron ore futures extended gains on Wednesday despite mixed steel market signals, while weak steel demand and slowing economic growth continued to cloud the medium-term outlook. China's crude steel production increased…
China's Henan Jiyuan Iron & Steel has awarded Danieli a contract to supply a new four-strand bow-type continuous casting machine (CCM) for its steelworks in Henan province. The new caster, scheduled to start up in 2027…
Iron ore futures gained on Monday, reversing earlier losses as supply concerns in Australia offset the weak outlook for steel demand and Chinese mill profitability. Iron ore prices found support after workers at BHP's…
China's steel exports declined 5.6pct YoY to 54.87 mln tons during the first half of 2026, reflecting growing trade barriers in key export markets and disruptions to shipments caused by the Middle East conflict. The…
Iron ore futures fell on Friday as the demand outlook remained weak, with seasonal slowdown in steel consumption continuing to pressure Chinese steel mills' margins. Market insiders said sluggish steel demand and rising…
Iron ore futures rose slightly on Friday, supported by expectations of tighter near-term supply, although weak steel demand and declining hot metal output continued to limit further gains. Markets continued to balance…
Baoshan Iron & Steel (Baosteel) has successfully rolled the first bar at its new KOCKS RSB 370++/4 Reducing & Sizing Block, marking the commissioning of a new special bar quality (SBQ) rolling mill at its greenfield…
Iron ore futures edged higher on Thursday, supported by concerns over a potential supply disruption at BHP's Port Hedland operations in Western Australia, although weakening steel demand continued to limit price gains…
Baosteel has successfully commissioned its new two-strand No. 6 slab caster at its Baoshan steelworks in Shanghai, supplied by Primetals Technologies, expanding its capability to produce both conventional and high-end…
“Premium Content” marks a news item that needs a subscription to read in full.
