Monday, July 20, 2026
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Steel billet shipment to UAE disrupted after bulk carrier sinks in Strait of Hormuz
A bulk carrier carrying steel billets from India to the UAE partially sank in the Strait of Hormuz after suffering structural failure, raising concerns...Canada maintains duties on corrosion-resistant steel imports from Turkey and Vietnam
The Canadian International Trade Tribunal (CITT) has maintained anti-dumping and countervailing measures on imports of corrosion-resistant flat-rolled steel from Turkey and Vietnam, concluding that...Oman Zinc starts construction of USD 50 mln recycling industrial park
Oman Zinc has started construction of a USD 50 mln zinc recycling industrial park at Sohar Freezone, expanding Oman's downstream metals processing capacity and...Scrap import prices steady as mills maintain cautious buying
Turkish imported scrap prices remained broadly stable this week as steel mills continued to purchase only limited volumes amid subdued finished steel demand and...
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Iron ore eases as sluggish steel demand pressures market
Iron ore futures edged lower on Monday as weak steel demand continued to weigh on market sentiment, offsetting support from weather-related disruptions to iron...JSL supplies stainless steel for country’s first hydrogen-powered train
Jindal Stainless Limited (JSL) has supplied around 40pct of the stainless steel used in India's first hydrogen-powered train, supporting the country's efforts to develop...Big River Steel secures supply role in Arkansas solar project
U.S. Steel's Big River Steel mill in Arkansas will supply more than 142,000 tons of steel coils for the first two phases of the...Jingye seeks compensation after British Steel nationalization
China's Jingye Group has demanded compensation following the nationalization of British Steel, saying it has initiated consultations under the China-UK bilateral investment treaty and...
- Prices
Iron ore eases as sluggish steel demand pressures market
Iron ore futures edged lower on Monday as weak steel demand continued to weigh on market sentiment, offsetting support from weather-related disruptions to iron...Scrap import prices steady as mills maintain cautious buying
Turkish imported scrap prices remained broadly stable this week as steel mills continued to purchase only limited volumes amid subdued finished steel demand and...Iron ore holds firm as supply risks offset weak steel demand
Iron ore futures edged higher on Friday as tighter port supplies and continued inventory drawdowns in China lent support to the market, although weak...Iron ore steadies as resilient steel output offsets bearish outlook
Iron ore futures were little changed on Thursday as resilient Chinese steel production and a weekly drawdown in port-side inventories helped offset concerns over...
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