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 39
Turkey’s scrap import prices have fluctuated within a limited range this week, reflecting a slight decline. Current prices are assessed at USD 355-365 per ton CFR, down from USD 360-365 per ton CFR…
Iron ore futures declined on Friday amid a clouded demand outlook, despite encouraging private PMI data and expectations for further economic stimulus. Rising port-side iron ore inventories and…
Iron ore futures fell on Thursday as the market remained cautious amid a mixed demand outlook. However, hopes for further stimulus and strong manufacturing data helped limit losses. High iron ore…
Iron ore futures posted slight gains on Wednesday, as optimism over potential stimulus from Beijing helped offset steel demand concerns. Confidence in additional fiscal stimulus grew after a Reuters…
Iron ore futures fell on Tuesday, as rising inventory levels and weak steel demand weighed on market sentiment. Increasing iron ore supplies from major miners, combined with already elevated port…
Saudi Iron and Steel Company (Hadeed) is raising its long steel prices for November deliveries. The company’s rebar (12-32 mm) price will increase by SAR 50 (USD 13) per ton, bringing it to SAR 2,350…
Iron ore futures rose on Monday as renewed expectations of further stimulus from Beijing helped offset concerns about steel demand. According to the National Bureau of Statistics, China’s industrial…
Turkey’s scrap import prices declined this week amid a cautious market mood, with scrap buying activity limited by weak demand for finished steel. Scrap import prices are now assessed at USD 360-365…
Iron ore futures recovered on Friday, supported by improved production figures, though concerns over steel demand persist. Daily crude steel output among China Iron & Steel Association (CISA) member…
UAE’s EMSTEEL, formerly Emirates Steel Arkan, has raised its rebar prices for November production. The company is now offering rebar at AED 2,560 (USD 697) per ton, CPT Abu Dhabi, and AED 2,568 (USD…
Turkish steel producer Kardemir has reduced its billet prices by USD 15 per ton, according to the latest price list. The updated price for S235JR grade billets is USD 535 per ton EXW, while B420…
Iron ore futures edged lower on Thursday as concerns over weakening steel demand weighed on the outlook for iron ore. Domestic steel demand is softening, and the upcoming winter season, which…
India’s leading iron ore producer and exporter, the National Mineral Development Corporation (NMDC), has increased prices by INR 600 (USD 7.13) per ton for iron ore lump and INR 400 (USD 4.75) per…
Turkish steel producer Kardemir has lowered prices for rebar and wire rod in its latest price list. The company is now offering rebar (12-32 mm) at TRY 21,455 (USD 626) per ton EXW, down from TRY…
Iron ore futures extended losses on Wednesday as weakening fundamentals and lower forecasts for China’s economic recovery weighed on market sentiment. Shrinking margins for steel mills may lead to…
Iron ore futures declined on Tuesday as lower steel production and weakening demand dampened market sentiment. In September 2024, China’s crude steel output in key steelmaking regions dropped nearly…
Iron ore futures rose on Monday, supported by Beijing’s latest interest rate cut despite ongoing concerns about softening steel demand. China reduced its benchmark lending rates after the central…
Turkey’s scrap import prices fell this week due to weakening demand for Turkish finished steel. Scrap import prices are now assessed at USD 365-370 per ton CFR, down from USD 385-390 per ton CFR last…
Dalian iron ore futures fell on Friday, as weaker-than-expected economic data and reduced steel production dampened market sentiment. China’s economy grew by 4.6pct YoY in Q3, according to official…
Steelmaking raw materials and steel futures tumbled on Thursday after the latest stimulus measures targeting China’s struggling property sector failed to meet market expectations. Beijing announced…
Published by news.mesteel.com, the MESteel newsroom.
