Hadeed raises long steel prices for May output
Saudi Arabia's Saudi Iron and Steel Company (Hadeed) has increased prices for its long steel products for May production.
Rebar (12-32 mm) prices were raised...
Erdemir Q1 profit declines 9.4pct YoY, output rises
Turkish steel producer, Erdemir Group reported a 9.4pct YoY decline in profitability in the first quarter of 2026, according to its latest financial results.
Net...
Amreli returns to profit in 9M FY2026 on loan restructuring gains
Pakistan's Amreli Steels Limited reported a return to profitability for the nine-month period ended 31 March 2026, primarily supported by gains from loan restructuring.
The...
Iron ore futures rise on upbeat PMI data
Iron ore futures rose in the last session before the holidays on Thursday, supported by firm steel demand and stable manufacturing activity in China.
China's...
Baosteel Q1 profit declines 8.6pct YoY
China's Baoshan Iron & Steel Co. reported weaker profitability in the first quarter of 2026, with net profit attributable to shareholders falling 8.6pct YoY...
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