Kardemir cuts billet and rebar prices in latest sales round
Turkish steel producer Kardemir has reduced prices for billet and rebar in its latest domestic sales round.
The company offered S235JR-grade billet at USD 525...
Iron ore gains on positive economic data, but demand outlook remains uncertain
Iron ore futures rebounded on Wednesday, supported by positive Chinese economic data, although concerns over the demand outlook continued to limit gains.
The market also...
Iron ore pressured by rising supply, weak steel consumption
Iron ore futures extended their losses on Tuesday as weak steel demand and ample supply continued to weigh on market sentiment.
The key steelmaking raw...
Iron ore under pressure from weak demand, high supply
Iron ore futures moved lower on Monday as concerns over slowing steel demand and high supply levels continued to weigh on market sentiment.
Analysts noted...
Scrap import prices weaken amid sluggish steel demand
Turkey's imported scrap prices weakened this week as steel mills continued to limit purchases due to weak finished steel demand. HMS 1&2 (80:20) import...
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