ICDAS raises long steel prices on higher scrap costs
Major Turkish long steel producer ICDAS has increased its long steel prices by USD 5 per ton this week, supported by higher scrap costs.
ICDAS...
HRC prices rise on stronger market outlook
Turkish HRC prices increased this week, as an upward trend in scrap prices and limited supply pushed local HRC producers to raise prices.
Domestic HRC...
Mughal Steel profit rises in FY26
Mughal Iron & Steel Industries Limited (Mughal Steel) reported a net profit of PKR 2.49 bln (USD 9 mln) for the financial year ended...
Iron ore futures remain subdued amid demand concerns
China's iron ore futures edged lower on Tuesday as weak steel demand, poor mill profitability and continued concerns over production cuts kept market sentiment...
AM/NS India expands galvanized steel portfolio amid rising demand
ArcelorMittal Nippon Steel India (AM/NS India) has launched AM/NS Pelican, a premium galvanized steel brand targeting growing demand from India's construction, infrastructure, manufacturing and...