Saudi Arabia drives surge in Chinese billet imports into the GCC in 2025
Chinese exports of steel billets to the Gulf Cooperation Council (GCC) strengthened markedly in 2025, with the region accounting for a growing share of...
Scrap imports fall 6.5pct in 2025 YoY
Turkey imported 18.7 mln tons of ferrous scrap in 2025, marking a 6.5pct YoY decline, according to data from the Turkish Statistical Institute (TUIK).
The...
IIL posts strong earnings growth in H1 FY26
Pakistan's leading pipe manufacturer International Industries Limited (IIL) reported a sharp improvement in earnings for the first half of FY26 ended December 31, 2025.
The...
Iron ore futures stay subdued amid weak demand and ample supply
Iron ore futures remained under pressure on Wednesday, with persistently weak demand continuing to weigh on market sentiment. Higher inventories at major Chinese ports...
NMDC posts higher iron ore output and sales in January
India's state-owned miner NMDC Ltd produced 5.56 mln tons of iron ore in January 2026, up 9pct YoY from 5.1 mln tons, according to...
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