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...
Watani Steel renews working capital facility with Alinma Bank
Saudi Arabia's Watani Iron Steel Co. (Watani Steel) has renewed a Sharia-compliant SAR 25 mln (USD 6.7 mln) banking facility with Alinma Bank to...
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...
NS-SUS commissions new coil-handling cranes at Rayong plant
NS-Siam United Steel (NS-SUS) has completed commissioning and final acceptance of two new 25-ton Danieli coil-handling cranes at its Plant 3 in Rayong, Thailand,...
Scrap import prices hold steady amid unchanged market fundamentals
Turkey's imported scrap prices remained range-bound this week, with Turkish steel mills showing limited buying interest amid weak finished steel demand and cautious purchasing....
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