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Thursday, July 2, 2026

Prices

Iron ore declines on weak steel demand

Iron ore futures fell on Wednesday as weak steel market fundamentals continued to weigh on market sentiment. Demand for finished steel remained subdued, with prices...

Hadeed revises domestic long steel offers as demand softens

Saudi Arabia's Saudi Iron and Steel Company (Hadeed) has reduced domestic prices for its long steel products by SAR 130 (USD 35) per ton...

Iron ore gains on stronger PMI data

Iron ore futures rose on Tuesday after positive Chinese manufacturing data provided support to the market, although concerns over steel demand continued to limit...

Iron ore rises on steady steel output despite demand concerns

Iron ore futures advanced on Monday, supported by resilient Chinese steel production despite continued concerns over weak steel demand and rising global supply. Although iron...

Scrap import prices decline further amid weak demand and cautious buying

Turkish imported scrap prices continued to decline this week as weak finished steel demand, falling rebar prices and limited booking activity kept pressure on...

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