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 48
Despite the Chinese government’s recent stimulus measures aimed at addressing the challenges faced by the troubled property sector, iron ore futures remained rangebound on Tuesday. The central bank’s…
Pakistan’s flat steel manufacturers, International Steels Limited (ISL) and Aisha Steel, have announced a price reduction for CRC and galvanized coil for the domestic market. This marks the first…
Iron ore futures tumbled on Monday as sentiments were dampened by unfavorable economic data. The National Bureau of Statistics (NBS) reported that the producer price index (PPI) fell for the ninth…
Turkey has witnessed a decrease in scrap import prices over the past two weeks as buying activity remains minimal due to weak finished steel. Scrap import offers for the Turkish market hover around…
Turkey’s major steel producer, Kardemir has lowered steel sections prices, according to the company’s new price list. The company’s new price range for IPE-NPU (160-550 mm) is USD 750-900 per ton…
Iron ore futures dropped on Friday due to diminishing expectations of broader stimulus measures. Despite the recent slowdown in economic recovery, analysts believe the likelihood of significant…
Turkish steel producer, Kardemir has announced new rebar prices, according to its latest price list. The company has raised the prices of rebar sizes ranging from 12-32 mm to TRY 15,850 (USD 607) per…
Turkish steel producer, Kardemir has decreased billet and wire rod prices, according to its latest price list. Kardemir’s S235JR grade 150 mm billet is now offered at USD 565 per ton EXW…
Dalian iron ore futures experienced a slight uptick on Wednesday, however, the overall outlook remains uncertain due to several factors, including the ongoing Tangshan output curbs and a weakening…
Shanghai steel futures continued their upward trend on Tuesday, driven by ongoing production restrictions in Tangshan, China’s leading steelmaking city. Tangshan has instructed steel mills to limit…
The Dalian iron ore futures experienced a decrease on Monday as reports emerged regarding Tangshan ordered steel mills to reduce production in order to combat air pollution According to the reports…
Dalian iron ore futures witnessed a drop in Monday’s post-holiday trade as weak steel demand overshadowed the rise in steel output China’s daily crude steel output reached 2.95 mln tons from June 11…
Weak demand from the construction industry has pushed zinc prices to levels which leave some miners with little or no profit and a prolonged period below USD 2,400 a ton is likely to trigger output…
Turkey’s scrap import prices have remained unchanged in the past week as mills refrain from entering the market amid sluggish steel demand. Scrap import offers for the Turkish market are currently…
Turkish steel producer, Kardemir has decreased billet and wire rod prices, according to its latest price list. Kardemir’s S235JR grade 150 mm billet is now offered at USD 575 per ton EXW…
Saudi Iron and Steel Company (Hadeed) has decided to keep the prices of rebar and wire rod unchanged for the production in July. The company has maintained the pricing of rebar, ranging from 12-32…
Dalian iron ore futures continued their downward trajectory on Wednesday, as a bleak demand outlook weighed on market sentiment. Hopes for substantial stimulus measures ahead of the Chinese national…
UAE’s Emirates Steel Arkan (ESA) has announced that it will keep rebar prices unchanged for July production. ESA will continue offering rebar at AED 2,450 (USD 667) per ton CPT Abu Dhabi and AED…
Dalian iron ore futures continued their downward trend on Tuesday despite the Chinese central bank’s reduction in a key lending benchmark rates, failing to provide a boost to the futures market. The…
Taiwan’s China Steel Corp (CSC) has announced a reduction in domestic steel prices for deliveries in July, citing sluggish demand. However, the company remains optimistic about a recovery in demand…
Published by news.mesteel.com, the MESteel newsroom.
