Scrap import prices climb amid cautious optimism
Turkey's scrap import prices increased this week, supported by the uptrend in finished steel prices. MESTEEL assessed HMS 1&2 (80:20) at USD 395-400 per...
Domestic structural steel demand remains firm despite import disruptions
The UAE structural steel market remains firm, supported by steady domestic demand, but logistics disruptions continue to complicate imported supply and deliveries.
Chinese JIS beams...
Iron ore futures rise, coking coal plunges on supply outlook
China's iron ore futures moved higher on Friday, but the wider ferrous complex came under pressure as coking coal and coke prices fell sharply...
Rebar prices hold steady as slow demand limits upside
Egyptian rebar prices have remained broadly stable, with weak domestic demand and low trading activity limiting the scope for further increases despite higher production...
Iron ore futures gain as pre-holiday restocking supports prices
China's iron ore futures moved higher on Thursday, supported by pre-holiday restocking by steel mills, although weak mill profitability continued to limit the upside.
Market...