Iron ore extends decline amid oversupply concerns and weak steel consumption
Iron ore futures continued to decline on Wednesday as rising supply, weakening steel demand and deteriorating mill margins weighed on market sentiment.
Market insiders said...
Iron ore declines on weak property data, pressure on steel margins
Iron ore futures fell on Tuesday as weak Chinese property sector data and concerns over deteriorating steel mill margins weighed on market sentiment.
China's property...
Tokyo Steel raises prices for July sales amid rising costs
Japan's leading electric arc furnace (EAF) steelmaker Tokyo Steel has increased prices for most steel products for July sales, citing rising energy and raw...
Scrap import market remains quiet amid weak steel demand
Turkish imported scrap prices remained largely stable this week, although trading activity continued to be subdued as steel mills limited purchases amid weak finished...
Iron ore declines as demand concerns cloud outlook
Iron ore futures fell on Friday as abundant supply and weakening steel demand continued to weigh on market sentiment.
The market remained under pressure from...
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