Hadeed raises wire rod prices, keeps rebar unchanged for September
Saudi Arabia's Saudi Iron and Steel Company (Hadeed) has kept its domestic rebar prices unchanged for September production, while raising wire rod prices by...
Scrap import prices remain range-bound amid mixed fundamentals
Turkey's scrap import prices remained broadly stable this week, with Turkish mills maintaining a cautious purchasing approach. MESTEEL assessed HMS 1&2 (80:20) at USD...
Iron ore futures strengthen as supply concerns and seasonal demand support prices
China's iron ore futures strengthened on Monday, supported by tighter short-term supply, improving market sentiment and expectations of stronger steel demand ahead of the...
GCC beams market navigates weak demand and shipping disruption
The GCC beams market remains subdued amid seasonal weakness in demand, while shipping disruptions and higher freight costs are complicating imported supply.
Due to geopolitical...
Iron ore futures ease as rising raw material costs weigh on steel demand
China's iron ore futures edged lower on Thursday as rising coking coal and coke costs put further pressure on steel mills, while expectations of...

