Kardemir reduces rebar prices
Turkish steelmaker Kardemir has reduced its rebar prices in its latest update. The company is now offering 12-32 mm rebar at TRY 19,850 (USD 570) per ton EXW, down from the previous price of TRY…
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 37
Turkish steelmaker Kardemir has reduced its rebar prices in its latest update. The company is now offering 12-32 mm rebar at TRY 19,850 (USD 570) per ton EXW, down from the previous price of TRY…
Iron ore futures fell on Wednesday as a clouded demand outlook dampened market sentiment. Earlier this week, the Politburo signaled a shift in policy, pledging a moderately loose monetary stance and…
Iron ore futures surged on Tuesday, buoyed by expectations of stronger economic stimulus from Beijing. The Chinese Politburo announced plans for looser monetary policies and proactive fiscal measures…
Iron ore futures rose on Friday as Beijing’s commitment to stronger economic support in 2025 bolstered market sentiment. The Chinese Politburo announced plans for looser monetary policy and more…
Turkey’s scrap import prices remained steady this week, assessed at USD 335-340 per ton CFR, as subdued buying activity reflected a stalemate between buyers and sellers. Turkish steel mills lowered…
Iron ore futures fell on Friday as concerns over weak steel demand continued to pressure the steelmaking raw material market. Iron ore futures posted gains earlier this week supported by short-term…
Iron ore futures fell on Thursday as market attention shifted to demand fundamentals and growing concerns that Beijing might not deliver stronger stimulus measures. Investor sentiment turned cautious…
Iron ore futures rose on Wednesday as markets anticipated additional stimulus measures from Beijing, despite lingering demand concerns. Market expectations are high for additional stimulus measures…
Turkey’s scrap import prices continued to decline this week, reflecting ongoing challenges in the steel market. Prices are now assessed at USD 335-340 per ton CFR, down from USD 340-345 per ton CFR…
Iron ore futures climbed on Friday, supported by restocking activity and anticipation of further economic stimulus. Chinese steel mills increased their iron ore inventories to prepare for potential…
Turkish steel producer Kardemir has reduced its billet prices by USD 25 per ton, according to its latest price list. The updated price for S235JR grade billets is now USD 495 per ton EXW, while B420…
Iron ore futures remained unchanged on Thursday, reflecting cautious sentiment in the market despite firm near-term demand. Restocking by Chinese steel mills ahead of winter continues to provide…
Iron ore futures rose on Wednesday as Chinese steel mills increased restocking efforts ahead of the winter season, partially offsetting the weak steel demand outlook. The market also anticipates…
Saudi Iron and Steel Company (Hadeed) has revealed its updated long steel prices for December deliveries. The price of rebar (12-32 mm) will rise by SAR 50 (USD 13) per ton, bringing it to SAR 2,400…
Iron ore futures rose slightly on Tuesday, supported by restocking activities from Chinese steel mills ahead of potential winter logistics disruptions. However, gains were limited by a weak outlook…
Emirates Steel, part of the EMSTEEL group, has raised rebar prices for December production by AED 50 (USD 14) per ton. The updated prices are AED 2,610 (USD 711) per ton delivered to Abu Dhabi and…
Iron ore futures rose on Monday, buoyed by restocking activities as steel mills prepared for potential winter disruptions and the upcoming February holiday. This proactive inventory replenishment…
Turkey’s scrap import prices fell this week as mills secured cargoes at lower rates. Prices are now assessed at USD 340-345 per ton CFR, down from USD 350-360 per ton CFR last week. The decline is…
Iron ore futures fell on Friday, reflecting cautious sentiment about the long-term demand outlook despite steady near-term demand. The decline comes after iron ore prices had risen in the previous…
Iron ore futures edged higher on Thursday, supported by restocking demand despite lingering uncertainty about demand. Steel mills have started replenishing inventories ahead of potential winter…
Published by news.mesteel.com, the MESteel newsroom.