Emirates Steel holds rebar prices steady for October
UAE's Emirates Steel, part of EMSTEEL Group, has kept its rebar prices unchanged for October production, marking the third consecutive month of price rollover.
The...
Iron ore futures ease as supply pressure weighs on market
China's iron ore futures declined on Tuesday as ample supply and rising port inventories weighed on sentiment, although pre-holiday restocking by steel mills and...
Coated steel demand remains firm amid tight availability
The UAE coated steel market remains firm, supported by good domestic demand, while logistics disruptions continue to affect material availability and local production.
Major UAE...
Iron ore futures trade rangebound amid pre-holiday restocking
China's iron ore futures traded rangebound on Monday as pre-holiday restocking by steel mills provided support, while high inventories and weak mill profitability limited...
Scrap import prices climb amid cautious optimism
Turkey's scrap import prices increased this week, supported by the uptrend in finished steel prices. MESTEEL assessed HMS 1&2 (80:20) at USD 395-400 per...