Kardemir cuts billet prices in new sales round
Turkish steelmaker Kardemir has launched a new billet sales round, lowering prices by USD 5 per ton compared with its previous offers issued on...
Koc Metalurji to halt Osmaniye steel plant for planned maintenance
Turkish steel producer Koc Metalurji announced a temporary production shutdown at its steel mill in Osmaniye as part of planned maintenance and efficiency improvement...
Ministry launches recycling licensing framework to boost steel scrap recovery
Saudi Arabia's Ministry of Industry and Mineral Resources has introduced a national licensing framework for the waste recycling industry as part of efforts to...
Iron ore futures slide on excess supply and weak steel demand
Iron ore futures extended losses on Wednesday as weak steel demand and rising supply continued to weigh on market sentiment.
Fundamentals remain under pressure amid...
Masteel orders new slab caster for Maanshan plant
Chinese steel producer Maanshan Iron and Steel Co., Ltd. (Masteel) has awarded Primetals Technologies a contract to engineer, supply and commission a new bow-type,...
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