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Saturday, August 1, 2026

Prices

Scrap import prices firm on tighter supply, cautious buying

Turkey's imported scrap prices remained firm this week, supported by tighter European scrap availability and higher freight costs. Buying activity, however, slowed after producers...

Iron ore futures remain under pressure as weak PMI weighs on sentiment

Iron ore futures extended losses on Friday, hovering near one-year lows after weaker-than-expected Chinese manufacturing data reinforced concerns over slowing steel demand, while rising...

Kardemir achieves strong billet sales in latest round

Turkish steelmaker Kardemir has secured strong order volumes in its latest billet sales round, supported by tighter regional supply and firmer raw material costs. The...

Iron ore futures hit one-year low on mounting supply, weak steel demand

Iron ore futures extended losses on Thursday, falling to their lowest level since early July 2025 as rising port arrivals, mounting inventories and weak...

Iron ore futures edge lower on weak fundamentals

Iron ore futures edged lower on Wednesday as high port inventories and sluggish seasonal steel demand continued to weigh on sentiment. Market insiders said iron...

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