Iron ore futures firm on near-term demand expectations
Iron ore futures inched higher on Tuesday, supported by expectations of improved demand amid lower shipments from major suppliers and the anticipated recovery in Chinese steel output. Market…
MESteel assessments and price moves — scrap, billet, rebar, HRC, iron ore and coking coal, across the Middle East and the wider market.
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Iron ore futures inched higher on Tuesday, supported by expectations of improved demand amid lower shipments from major suppliers and the anticipated recovery in Chinese steel output. Market…
Iron ore futures surged on Monday, supported by rising freight costs amid escalating tensions in the Middle East and expectations of improved steel demand. Oil prices spiked as the conflict…
India’s largest iron ore producer, National Mineral Development Corporation (NMDC), has increased prices for both iron ore lump and fines by INR 50-100 (USD 0.5-1) per ton, effective 6 March…
Turkey’s scrap import market remained stable this week, as the ongoing Middle East conflict kept market sentiment cautious. Turkey’s scrap import prices were assessed unchanged at USD 370-375 per ton…
Iron ore futures climbed on Friday, supported by expectations of improved demand following positive economic signals from China. Market sentiment strengthened as China’s annual Two Sessions…
Chinese steel section prices on a CFR Jebel Ali basis declined across the board in 2025, as rising protectionist barriers in several markets and weaker global steel demand diverted more Chinese…
Iron ore futures posted gains on Thursday, supported by optimism following China’s latest economic policy announcements. Market sentiment improved after Premier Li Qiang outlined economic priorities…
Iron ore futures traded in a narrow range on Wednesday, edging slightly higher as expectations of potential stimulus from China offered support, though weak market fundamentals continued to limit…
Iron ore futures rose on Tuesday, supported by sharply higher freight costs amid escalating tensions in the Middle East. Freight rates have surged following the dramatic escalation of conflict in the…
Saudi Arabia’s Saudi Iron and Steel Company (Hadeed) has increased prices for its long steel products for March deliveries. Rebar prices for 12-32 mm sizes have been raised by SAR 100 (USD 26) to SAR…
Iron ore futures rose on Monday, recovering from earlier losses as a sharp jump in oil prices and freight costs linked to escalating Middle East tensions supported the market, though underlying…
Turkey’s scrap import market remained broadly stable this week, although sentiment softened as mills largely stayed on the sidelines amid weak finished steel demand and tightening margins. Deep-sea…
Iron ore futures edged higher on Friday, supported by rising steel production and expectations of seasonal demand improvement, although gains remained limited amid concerns over environmental-related…
Iron ore futures remained under pressure on Wednesday as the market stayed cautious over the near-term demand outlook. Iron ore futures found some support from expectations that higher steel…
Iron ore futures rose on Wednesday, supported by expectations of improved near-term demand. Market analysts anticipate that Chinese steel mills may increase production in the coming weeks, boosting…
Emirates Steel, a subsidiary of EMSTEEL Group, has raised its rebar prices for March production. The company increased rebar prices by AED 73 (USD 20) per ton, taking the new price to AED 2,721 (USD…
Dalian iron ore futures resumed trading on a weaker note after the holiday break, extending the bearish trend seen before the Chinese New Year holidays. Higher iron ore inventories at major Chinese…
Turkey’s scrap import market remained under pressure this week as Turkish steel mills continued to curb buying amid weak finished steel demand, while suppliers held firm on prices due to tight…
Kardemir has announced new prices for rebar and wire rod in its latest sales round. According to the updated list, 12-32 mm rebar is offered at TRY 23,835 (USD 545) per ton EXW, slightly lower than…
Turkey’s scrap import prices remained unchanged this week as buying activity by Turkish steel mills stayed limited amid weak finished steel demand. Scrap import prices were assessed steady at USD…
Published by news.mesteel.com, the MESteel newsroom.