Thursday, December 11, 2025
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Maghreb Steel reports 15pct revenue growth in Jan-Sep 2025 YoY
Morocco's leading flat steel producer, Maghreb Steel, posted a 15pct YoY increase in revenue for the first nine months of 2025, supported by stronger...APL Apollo Tubes secures Steel Sustainability Australia certification
APL Apollo Tubes Company LLC, the UAE-based subsidiary of APL Apollo Tubes Limited, has obtained Steel Sustainability Australia (SSA) certification for the 2025-2026 cycle,...Mered appoints firm for enabling works for residential project in Abu Dhabi
Mered has appointed NSCC International as the enabling works contractor for Riviera Residences, its waterfront development on Al Reem Island in Abu Dhabi. Riviera Residences...Rebar exports up 22pct in Jan-Oct 2025 YoY
Turkey exported 3.4 mln tons of rebar in the first ten months of 2025, marking a 22pct YoY increase, according to data from the...
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Iron ore futures fall on bearish market fundamentals
Iron ore futures fell on Thursday, weighed down by weakening fundamentals and cautious sentiment across the steel value chain. Rising supply combined with softer steel...Tata Steel approves key capacity expansions and strategic investments
Tata Steel's board has reaffirmed its long-term growth strategy for the India business, focusing on disciplined capital allocation, capacity expansion, downstream growth, and low-carbon...JFE picks Danieli for major EAF upgrade at Mizushima facility
JFE Bars & Shapes Corporation (JFE BS), part of the JFE Group, has chosen Danieli to replace its existing DC electric arc furnace with...Thyssenkrupp to temporarily halt electrical steel production as import pressures intensify
Thyssenkrupp will temporarily suspend its electrical steel production in response to intense import competition and a weak market environment, the company's steel division announced. Beginning...
- Prices
Iron ore futures fall on bearish market fundamentals
Iron ore futures fell on Thursday, weighed down by weakening fundamentals and cautious sentiment across the steel value chain. Rising supply combined with softer steel...Iron ore futures recover as stimulus expectations grow after weak economic data
Iron ore futures rebounded on Wednesday after several sessions of losses, supported by growing expectations that Beijing may introduce new stimulus measures following another...Iron ore futures extend losses as supply grows and demand weakens
Iron ore futures fell again on Tuesday, pressured by rising global supply and slowing demand from Chinese steel mills. Sentiment weakened further after reports that...Rebar prices fall as market weakness persists
Pakistan's major rebar manufacturers have sharply reduced prices, bringing current ex-works levels to PKR 225,000-230,000 (USD 800-807) per ton. Last month, prices from leading...
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