Scrap import prices rise on tighter supply and high freight costs
Turkey's scrap import prices increased this week as tighter availability and firm freight costs supported the market. MESTEEL assessed HMS 1&2 (80:20) at USD...
Iron ore futures rise on near-term supply support
China's iron ore futures rose on Friday, supported by near-term supply-side factors, although cautious steel demand continued to limit the upside.
A weekly decline in...
Hoa Phat raises domestic HRC prices for October
Vietnam's leading steelmaker Hoa Phat Group has raised its domestic HRC prices for October delivery, following three consecutive months of reductions, as seasonal demand...
Iron ore futures recover despite cautious steel demand
China's iron ore futures rebounded on Thursday, supported by renewed restocking interest from steel mills, although cautious steel demand continued to limit the upside.
Market...
GCC flat steel imports remain challenged by freight and vessel disruptions
GCC flat steel buyers continue to face uncertainty over imported supply as vessel availability, freight costs and disruptions around key shipping routes complicate procurement....