GCC billet market faces supply constraints as vessel delays disrupt deliveries
GCC rebar mills continue to face limited billet availability as vessel delays complicate deliveries into key markets. MESTEEL's August assessment puts UAE billet at...
Emirates Steel keeps September rebar prices unchanged
UAE's Emirates Steel, part of EMSTEEL Group, has kept its rebar prices unchanged for September production.
The company maintained its price for 12-32 mm rebar...
Iron ore futures retreat as demand recovery remains uncertain
China's iron ore futures edged lower on Tuesday as firm cost support failed to offset weaker iron ore fundamentals and cautious buying from steel...
GCC HRC supply tightens as logistics challenges limit sourcing options
GCC HRC availability is tightening as shipping disruptions and elevated freight costs make Chinese material increasingly difficult to secure, while Indian mills are gaining...
Iron ore futures rise as cost support offsets supply pressure
Iron ore futures strengthened on Monday as firmer steel and raw material prices improved market sentiment, although rising iron ore supply and weak underlying...

