MESteel assessments and price moves — scrap, billet, rebar, HRC, iron ore and coking coal, across the Middle East and the wider market.
968 articles · page 7
Turkish imported scrap prices continued to decline this week as weak finished steel demand, falling rebar prices and limited booking activity kept pressure on the market. MESTEEL assessed HMS 1&2…
Iron ore futures edged higher on Friday after reversing earlier losses, supported by resilient Chinese steel output, although the medium-term outlook remained bearish. Data from the China Iron and…
Turkish steel producer Kardemir has reduced domestic rebar prices in its latest sales round. The company is offering 12-32 mm rebar at TRY 26,675 (USD 573) per ton EXW, excluding VAT, down from TRY…
Iron ore futures declined on Thursday as persistent concerns over steel demand continued to weigh on market sentiment. The seasonal slowdown in Chinese steel consumption has led to rising inventories…
Turkish steel producer Kardemir has lowered domestic wire rod prices amid continued pressure on long steel markets. According to the company’s latest price list, 5.5 mm SAE 1006 grade wire rod is…
Iron ore futures rebounded on Wednesday, supported by short-term restocking activity by Chinese steel mills following recent price declines, although the broader market outlook remained bearish…
Iron ore futures moved lower on Tuesday, pressured by a combination of soft steel demand expectations and supply-side pressure that continued to dampen market confidence. Market analysts said Chinese…
UAE-based Emirates Steel, part of EMSTEEL Group, has increased domestic rebar prices for July production. The company raised prices for 12-32 mm rebar by AED 100 (USD 27) per ton to AED 2,921 (USD…
Iron ore futures extended their downward movement on Monday, pressured by high supply and sluggish steel consumption. Prices also came under pressure from falling coking coal futures after supply…
Taiwan’s China Steel Corporation (CSC) has reduced domestic prices for selected flat steel products for July 2026 deliveries, while increasing prices for several contract products for the third…
Turkish imported scrap prices moved lower this week as sluggish finished steel demand, falling rebar prices and limited booking activity continued to pressure the market. HMS 1&2 (80:20) import…
Iron ore futures declined on Thursday as falling oil prices after the memorandum of understanding between the United States and Iran, coupled with concerns over weakening Chinese steel demand…
Iron ore futures continued to decline on Wednesday as rising supply, weakening steel demand and deteriorating mill margins weighed on market sentiment. Market insiders said Chinese steel production…
Iron ore futures fell on Tuesday as weak Chinese property sector data and concerns over deteriorating steel mill margins weighed on market sentiment. China’s property market, once the country’s…
Japan’s leading electric arc furnace (EAF) steelmaker Tokyo Steel has increased prices for most steel products for July sales, citing rising energy and raw material costs as well as firmer domestic…
Turkish imported scrap prices remained largely stable this week, although trading activity continued to be subdued as steel mills limited purchases amid weak finished steel demand. HMS 1&2 (80:20)…
Iron ore futures fell on Friday as abundant supply and weakening steel demand continued to weigh on market sentiment. The market remained under pressure from high iron ore inventories at Chinese…
Iron ore futures declined on Thursday as rising supply and weak steel demand continued to weigh on market sentiment. Market insiders said rising iron ore supply, coupled with weakening margins at…
Turkish steel producer Kardemir has reduced prices for billet and rebar in its latest domestic sales round. The company offered S235JR-grade billet at USD 525 per ton EXW, down USD 5 per ton from the…
Iron ore futures rebounded on Wednesday, supported by positive Chinese economic data, although concerns over the demand outlook continued to limit gains. The market also drew support from a…
Published by news.mesteel.com, the MESteel newsroom.
