Scrap import prices face downward pressure as mills seek lower levels
Turkey's scrap import market came under pressure this week as declining domestic finished steel prices and weak demand prompted mills to seek lower prices....
Iron ore futures fall as weak mill profitability weighs on market
China's iron ore futures remained under pressure on Friday as weak steel mill profitability, expectations of rising global supply and cautious market sentiment weighed...
Iron ore futures fall in post-holiday trading amid bearish sentiment
China's iron ore futures came under renewed pressure on Thursday as the market reopened after the week-long National Day holiday, with weak steel demand,...
Finished steel consumption rises 7.5pct in H1 FY27 YoY
India's finished steel consumption increased 7.5pct YoY to 84.9 mln tons in April-September FY27, according to provisional data from the Ministry of Steel.
Finished steel...
ICDAS cuts long steel prices
Major Turkish long steel producer ICDAS has reduced its long steel prices by USD 10 per ton compared with levels announced in mid-September.
The company...