Scrap import prices edge lower on slow steel demand
Turkey's imported scrap prices eased slightly this week to USD 360-365 per ton CFR, down from USD 360-370 per ton CFR last week, as...
Iron ore gains, but weak fundamentals cap upside
Iron ore futures extended gains on Friday, supported by expectations of near-term restocking, although weak fundamentals continued to limit the upside.
Some market participants expect...
Iron ore futures extend gains on lower steel inventories, restocking hopes
Iron ore futures rose further on Thursday, supported by easing domestic steel inventories and expectations of near-term restocking demand, which improved overall market sentiment.
Inventories...
Kardemir lowers billet prices in new sales round
Turkish steelmaker Kardemir has launched a new billet sales round, lowering prices by USD 10 per ton compared with its previous offers issued on...
Iron ore gains on short-term support; but fundamentals stay weak
Iron ore futures extended gains on Wednesday, supported by an uptick in near-term demand, although the longer-term outlook remains bearish.
Chinese steel mills have been...
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