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 44
Turkey’s scrap import prices remained steady at USD 390 per ton CFR this week due to limited buying activity. This stagnation is attributed to lower billet import offers and weak demand for Turkish…
Iron ore futures gained on Friday amid hopes for additional stimulus measures from Beijing, though concerns about demand remained. The market anticipates new stimulus following weak Chinese…
Turkish steel producer Kardemir has lowered rebar prices in its latest sales round, as per its new price list. The company is now offering rebar in sizes from 12 to 32 mm at TRY 19,500 (USD 588) per…
Iron ore futures gained on Thursday, driven by a more optimistic short-term demand outlook. The National Development and Reform Commission (NDRC) of China released a survey indicating a cautious…
Turkish steel manufacturer Kardemir has lowered its wire rod prices in the latest sales update. The company is now offering 5.5 mm SAE 1006 grade wire rod at USD 615 per ton EXW, a decrease of USD 10…
Dalian iron ore futures fell slightly on Wednesday as weak demand fundamentals overshadowed stimulus hopes prompted by recent manufacturing data. China’s manufacturing activity continued its decline…
Saudi Iron and Steel Company (Hadeed) has set its prices for rebar and wire rod for August production. The company is offering rebar (12-32 mm) at SAR 2,410 (USD 642) per ton, unchanged from the…
Iron ore futures fell on Tuesday due to ongoing concerns about weak demand. Weak steel mills’ margins and mounting port-side inventories, compounded by increased imports from major miners, dampened…
Iron ore futures remained nearly unchanged on Monday, rebounding from earlier losses thanks to strong industrial data. Weak steel demand fundamentals, however, limited gains. Profits at China’s…
Turkey’s scrap import prices held steady this week at USD 390 per ton CFR, as Turkish mills shifted their attention on finished steel sales. Scrap buying activity was sluggish due to weak demand for…
Dalian iron ore futures recovered on Friday, buoyed by Beijing’s latest stimulus measure, although demand fundamentals remain weak. Chinese authorities announced the allocation of 300 bln yuan (USD…
Turkish steel manufacturer Kardemir has opened a new round of billet sales, as indicated in its latest price list. The company is offering S235JR grade billets at USD 540 per ton EXW and B420 grade…
Steelmaking raw materials and steel futures slumped on Thursday as weak steel demand continued to weigh on market sentiment. According to the China Iron and Steel Association (CISA), daily crude…
Turkish steel producer Kardemir has launched a new round of rebar sales while keeping prices stable, according to its latest price list. The company is offering rebar in sizes ranging from 12 to 32…
Iron ore and most steel futures extended their losses on Wednesday, pressured by a weakening steel market and ongoing concerns about demand. Higher port-side inventory, despite a slight recent weekly…
UAE’s Emirates Steel Arkan has maintained rebar prices for its August production. The company will continue offering rebar (10-40 mm) at AED 2,369 (USD 645) per ton EXW, AED 2,377 (USD 647) per ton…
Iron ore futures extended losses on Tuesday, with weak demand fundamentals and a lack of stimulus from a key government meeting last week darkening the outlook. China’s shaky economic recovery is…
Iron ore futures edged lower on Monday as Beijing’s policy rate cuts failed to lift market sentiment. China’s central bank lowered benchmark interest rates on Monday in an effort to boost economic…
Turkey’s scrap import prices remained unchanged this week in a quiet market. Turkish mills postponed buying activity due to a slowdown in demand in the finished steel segment. Scrap import prices in…
Iron ore futures fell on Friday due to weak seasonal demand for steel and a lack of stimulus measures from Beijing. Commodity markets were underwhelmed as the government’s key meeting this week…
Published by news.mesteel.com, the MESteel newsroom.
