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Thursday, December 18, 2025
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Wire rod exports edge up in Jan-Oct 2025
Turkey exported 768,400 tons of wire rod in the first ten months of 2025, posting a marginal 0.3pct YoY increase, according to data from...Sonarem, Tosyali Algeria advance strategic partnership on Gara Djebilet iron ore project
Algeria's state-owned national mining company, Sonarem Group and Tosyali Algeria have taken a further step toward strengthening their strategic partnership for the development of...Palma Development awards contract for residential tower project in Dubai
UAE-based developer Palma Development has awarded a USD 207 mln construction contract to Khansaheb Civil Engineering for the delivery of West Residence, a 46-storey...Kardemir lowers billet prices in new sales round
Turkish steelmaker Kardemir has launched a new billet sales round, lowering prices by USD 10 per ton compared with its previous offers issued on...
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Iron ore futures extend gains on lower steel inventories, restocking hopes
Iron ore futures rose further on Thursday, supported by easing domestic steel inventories and expectations of near-term restocking demand, which improved overall market sentiment. Inventories...Steel export licensing to focus on tracking and quality control – Ministry
China's planned steel export licensing system is intended to strengthen monitoring, statistical analysis, and quality oversight of steel exports, rather than restrict shipment volumes,...SAIL’s Rourkela Steel resolves scale channel blockage with mechanized upgrade
Indian state-owned SAIL's Rourkela Steel Plant (RSP) has successfully commissioned a fully mechanized cleaning system at its plate mill, clearing a completely blocked scale...Posco advances hydrogen steelmaking plans at Pohang Steelworks
South Korean steelmaker Posco is stepping up efforts to normalize operations at its Pohang Steelworks following a series of safety incidents, while accelerating plans...
- Prices
Iron ore futures extend gains on lower steel inventories, restocking hopes
Iron ore futures rose further on Thursday, supported by easing domestic steel inventories and expectations of near-term restocking demand, which improved overall market sentiment. Inventories...Kardemir lowers billet prices in new sales round
Turkish steelmaker Kardemir has launched a new billet sales round, lowering prices by USD 10 per ton compared with its previous offers issued on...Iron ore gains on short-term support; but fundamentals stay weak
Iron ore futures extended gains on Wednesday, supported by an uptick in near-term demand, although the longer-term outlook remains bearish. Chinese steel mills have been...Tokyo Steel holds prices steady for Jan sales
Tokyo Steel, Japan's leading electric arc furnace (EAF) steelmaker, has decided to keep all product prices unchanged for January sales under its latest monthly...
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