Scrap import prices remain under pressure as finished steel demand weakens
Turkey's imported scrap market remained subdued this week as weak finished steel demand continued to weigh on buying activity. MESTEEL assessed HMS 1&2 (80:20)...
Iron ore futures hold steady amid mixed market signals
Iron ore futures were little changed on Friday as weak demand from Chinese steel mills and rising port inventories continued to weigh on the...
Structural steel market navigates growing logistics constraints
The UAE structural steel market continues to face logistics disruptions, with congestion at UAE ports and uncertainty over vessel movements through the Strait of...
Iron ore futures fall as supply overhang persists
Iron ore futures fell on Thursday as high port inventories and weak steel production continued to weigh on the market, despite signs of improved...
HRC buying slows as shipping risks mount
Saudi Arabia's HRC market has slowed, with buyers remaining cautious and import inquiries weakening amid escalating regional tensions and threats to shipping from Yemen's...