Iron ore gains on relatively high steel production, outlook remains weak
Iron ore futures edged higher on Monday as relatively high Chinese steel production continued to provide near-term support. However, gains remained limited as high...
Scrap prices decline further as steel demand remains subdued
Turkish imported scrap prices extended their decline this week as weak finished steel demand, softer export prospects and cautious mill buying continued to pressure...
Iron ore retreats as market refocuses on weak fundamentals
Iron ore futures declined on Friday as the market shifted its focus back to weak fundamentals after a brief recovery in the previous session...
Hoa Phat cuts domestic HRC prices on weak demand
Vietnamese steelmaker Hoa Phat has reduced domestic HRC prices for August deliveries amid weak market demand and seasonal pressure.
The producer lowered prices by around...
Iron ore ticks higher as market weighs supply curbs against weak demand
Iron ore futures rose on Thursday after reports that China Mineral Resources Group (CMRG) had instructed some steel mills to stop purchasing certain low-grade...
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