MESteel assessments and price moves — scrap, billet, rebar, HRC, iron ore and coking coal, across the Middle East and the wider market.
968 articles · page 2
China’s iron ore futures fell on Monday, extending their recent decline, as weak steel mill margins and subdued steel demand continued to weigh on the market. Market participants said worsening…
Turkey’s scrap import prices increased this week as improving finished steel demand encouraged mills to increase buying interest, while limited scrap availability and higher freight and collection…
Wire rod prices in the GCC remain firm amid high production costs, tight regional availability and elevated freight costs, despite relatively moderate trading activity. In Saudi Arabia, Hadeed has…
China’s iron ore futures fell on Friday as uncertainty over a recovery in steel demand continued to weigh on market sentiment. Market insiders said Chinese steel demand remains weak, with…
China’s iron ore futures fell on Thursday as weak steel mill margins continued to weigh on demand sentiment. Market insiders said Chinese steel mills remain cautious about iron ore restocking, with…
Indian steel export prices have strengthened significantly in recent weeks, amid higher raw material costs, firmer domestic steel prices and expectations of improving demand. Indian HRC export offers…
Turkish steelmaker Kardemir has raised its rebar and wire rod prices in its latest price list. The company is offering 12-32 mm rebar at TRY 29,750 (USD 614) per ton EXW, excluding VAT, up from TRY…
China’s iron ore futures edged lower on Wednesday as demand sentiment remained mixed, with tight steel mill margins and a lack of substantial improvement in steel demand weighing on the market…
India’s state-run iron ore producer NMDC has increased its domestic lump ore prices by INR 150 (USD 1.57) per ton, effective September 9, while keeping fines prices unchanged. The company now offers…
Vietnamese steelmaker Formosa Ha Tinh Steel has increased its domestic HRC prices for October-November delivery, with SAE1006 and SS400 grades now offered at around USD 540-550 per ton CIF Vietnam…
Saudi Arabia’s billet market remains heavily affected by logistics disruptions, with tight vessel availability, high freight costs and lengthy berthing delays continuing to complicate imported…
China’s iron ore futures rose on Tuesday, extending the previous day’s gains, as expectations of pre-holiday restocking and firmer sentiment across the steel market continued to support prices…
China’s iron ore futures rose on Monday, supported by expectations of increased steel mill restocking ahead of China’s October National Day holiday, although concerns over steel demand remain. Market…
Bangladesh’s steelmakers are facing higher production costs amid weak construction demand, with mills offering discounts to maintain sales, according to local media reports. The price of 60-grade…
Turkey’s scrap import prices increased this week as tighter availability and firm freight costs supported the market. MESTEEL assessed HMS 1&2 (80:20) at USD 375-380 per ton CFR Turkey, up USD 5 per…
China’s iron ore futures rose on Friday, supported by near-term supply-side factors, although cautious steel demand continued to limit the upside. A weekly decline in iron ore port inventories…
Vietnam’s leading steelmaker Hoa Phat Group has raised its domestic HRC prices for October delivery, following three consecutive months of reductions, as seasonal demand is expected to improve and…
China’s iron ore futures rebounded on Thursday, supported by renewed restocking interest from steel mills, although cautious steel demand continued to limit the upside. Market sentiment remained…
GCC flat steel buyers continue to face uncertainty over imported supply as vessel availability, freight costs and disruptions around key shipping routes complicate procurement. The situation is…
China’s iron ore futures dropped on Wednesday as concerns over steel demand limited buying interest. Market sentiment has cooled following the recent rally, with traders increasingly focused on the…
Published by news.mesteel.com, the MESteel newsroom.
