MESteel assessments and price moves — scrap, billet, rebar, HRC, iron ore and coking coal, across the Middle East and the wider market.
970 articles · page 33
Iron ore futures fell on Thursday as a deteriorating outlook for Chinese steel exports fueled demand concerns. Key markets for Chinese steel, including Vietnam and South Korea, recently announced…
Saudi Iron and Steel Company (Hadeed) has lowered its long steel prices by SAR 50 (USD 13) per ton for March deliveries. The new pricing sets rebar (12-32 mm) at SAR 2,350 (USD 626) per ton, while…
Iron ore futures continued to decline on Wednesday as market sentiment was weighed down by speculation about potential steel production cuts in China. According to several Chinese steel traders, the…
Iron ore futures extended losses on Tuesday as market sentiment remained weak due to anti-dumping duties on Chinese steel imposed by key buyers and a recovery in iron ore supply. Concerns over steel…
Emirates Steel, a subsidiary of the EMSTEEL Group, has announced that rebar prices for March production will remain unchanged. The company’s price for rebar deliveries to Abu Dhabi is set at AED…
Dalian iron ore futures fell on Monday as growing protectionist measures against Chinese steel dampened market sentiment. Vietnam, the largest market for Chinese HRC, has announced temporary…
Turkey’s scrap import prices remained stable this week at USD 350-360 per ton CFR, despite weak steel demand, as restocking by Turkish steel producers provided support. Limited scrap collection…
Iron ore futures rose on Friday, driven by recovering steel demand and expectations of further stimulus, boosting market sentiment. Steel demand in China rebounded sharply this week, particularly for…
Iron ore futures surged on Thursday, driven by strong steel demand and improved market sentiment. According to market insiders, domestic steel demand remains robust, particularly in the rebar…
Turkish steelmaker Kardemir has lowered its rebar and wire rod prices in response to weak domestic steel demand. The company now offers 12-32 mm rebar at TRY 19,875 (USD 548) per ton EXW, down from…
Iron ore futures extended gains on Wednesday, driven by cautious optimism over improving steel demand and expectations of stimulus measures. China’s iron ore imports are expected to be impacted by…
Iron ore futures rebounded on Tuesday as improving steel demand lifted market sentiment. Industry insiders noted a pickup in downstream steel consumption this week, providing further support to iron…
Iron ore futures fell on Monday as supply concerns eased following the reopening of Western Australia’s Port Hedland, the world’s largest iron ore hub. The port resumed operations after Tropical…
Taiwan’s China Steel Corp (CSC) has decided to maintain domestic prices for most steel products in March, citing the need to hedge against risks following the new US tariffs. As a result, prices for…
Turkey’s scrap import prices rose further this week, but the increase dampened buying interest from local steel mills due to weak demand for finished steel. Scrap prices were assessed at USD 350-360…
Turkish steel producer Kardemir has raised its billet prices, according to its latest price list. The price for S235JR grade billets has been set at USD 490 per ton EXW, reflecting a USD 10 per ton…
Dalian iron ore futures continued to decline on Friday as weak steel demand and escalating trade tensions weighed on market sentiment. Steel consumption in China remained sluggish after the Lunar New…
Iron ore futures fell on Wednesday as escalating trade tensions and concerns over excess steel supply weighed on market sentiment, despite supply disruptions in Australia. The White House announced…
Iron ore futures recovered on Wednesday as supply concerns resurfaced, lifting commodity markets after a sharp decline triggered by former U.S. President Donald Trump’s announcement of tariffs on…
Iron ore futures reversed earlier gains and declined on Tuesday as demand concerns grew following new steel tariffs announced by U.S. President Trump. Futures had risen in the morning session due to…
Published by news.mesteel.com, the MESteel newsroom.
