Coated steel demand remains firm amid tight availability
The UAE coated steel market remains firm, supported by good domestic demand, while logistics disruptions continue to affect material availability and local production.
Major UAE...
Iron ore futures trade rangebound amid pre-holiday restocking
China's iron ore futures traded rangebound on Monday as pre-holiday restocking by steel mills provided support, while high inventories and weak mill profitability limited...
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...