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Tuesday, April 7, 2026
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Kardemir ramps up output with new continuous casting machine
Turkey's Kardemir has commissioned a new continuous casting machine (SDM-2) as part of its ongoing investment programme aimed at increasing high value-added steel production...Rebar exports decline in Jan-Feb 2026
Turkey exported 633,950 tons of rebar in the first two months of 2026, down 17.5pct YoY, according to data from the Turkish Statistical Institute...BAZ International signs MoU with Chinese firm to localize steel pipe production
BAZ International Industry Co. has signed a memorandum of understanding (MoU) with SAAL Industrial Technology Co., a subsidiary of China's Baotou City Joyun Co.,...Scrap import price uptrend continues amid cautious buying sentiment
Turkey's scrap import prices continued to firm this week, reaching around USD 400 per ton CFR, up from USD 390-400 per ton last week....
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Shougang, FAW unveil new ultra-high-strength auto steel
Chinese steel producer Shougang Group and automaker FAW Group have jointly developed and validated a new generation of 2.4 GPa (2,400 MPa) hot-formed automotive...NMDC raises iron ore prices
India's largest iron ore producer, National Mineral Development Corporation (NMDC), has increased prices for iron ore lump and fines by INR 450-500 per ton...Hoa Phat advances Dung Quat rail steel project
Hoa Phat Group is accelerating development of its Hoa Phat Dung Quat Rail and Special Steel Production Plant, while advancing its push into high-quality...Hyundai Steel orders finishing lines for Louisiana mill
Hyundai Steel and France-based Fives Group have signed a major contract to design and supply advanced coil finishing lines for automotive steel applications. The agreement...
- Prices
NMDC raises iron ore prices
India's largest iron ore producer, National Mineral Development Corporation (NMDC), has increased prices for iron ore lump and fines by INR 450-500 per ton...Scrap import price uptrend continues amid cautious buying sentiment
Turkey's scrap import prices continued to firm this week, reaching around USD 400 per ton CFR, up from USD 390-400 per ton last week....Iron ore softens on volatile market sentiment
Iron ore futures slipped on Friday as ongoing Middle East tensions continued to drive volatility across commodity markets. Prices came under pressure following the completion...Iron ore falls on Middle East escalation concerns
Iron ore futures declined on Thursday amid rising geopolitical tensions and a broader risk-off sentiment in global markets. A more hawkish stance from the U.S....
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