Wednesday, March 4, 2026
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Scrap imports drop in Jan 2026
Turkey imported 1.7 mln tons of ferrous scrap in January 2026, down 13pct YoY, according to data from the Turkish Statistical Institute (TUIK). Imports...Kocaer Celik’s net profit surges in 2025
Turkish steel profile producer Kocaer Celik reported net profit of TRY 473.5 mln (USD 10.77 mln) in 2025, up sharply from TRY108.5 mln in...Beco Steel posts lower profit in H1 FY2026
Pakistani long steel producer Beco Steel Limited reported lower earnings for the half year ended December 31, 2025, amid challenging market conditions. Net sales declined...Gulf shipping disruption freezes steel trade flows
Escalating regional tensions in the Middle East have sharply curtailed vessel movements through the Strait of Hormuz, disrupting one of the world's most strategic...
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Iron ore edges higher as market awaits Beijing policy signals
Iron ore futures traded in a narrow range on Wednesday, edging slightly higher as expectations of potential stimulus from China offered support, though weak...Tata Steel advances decarbonization with heat storage system at Jamshedpur plant
Tata Steel, in partnership with German energy storage startup Kraftblock GmbH, is nearing one year of stable operations of a thermal energy storage system...NMDC posts higher iron ore output and sales in Feb 2026
India's state-owned miner NMDC Ltd reported higher iron ore output and sales in February 2026, according to a stock exchange filing. The company produced 5.35...Marcegaglia upgrades EAF dedusting system at Sheffield stainless steel plant
Marcegaglia Stainless Sheffield has completed a further phase of its major melt shop modernization project with the installation of water-cooled ducting on its electric...
- Prices
Iron ore edges higher as market awaits Beijing policy signals
Iron ore futures traded in a narrow range on Wednesday, edging slightly higher as expectations of potential stimulus from China offered support, though weak...Iron ore advances on rising freight costs amid Middle East tensions
Iron ore futures rose on Tuesday, supported by sharply higher freight costs amid escalating tensions in the Middle East. Freight rates have surged following the...Hadeed hikes rebar and wire rod prices for March
Saudi Arabia's Saudi Iron and Steel Company (Hadeed) has increased prices for its long steel products for March deliveries. Rebar prices for 12-32 mm sizes...Iron ore rises as oil spike lifts freight costs
Iron ore futures rose on Monday, recovering from earlier losses as a sharp jump in oil prices and freight costs linked to escalating Middle...
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