Scrap import prices remain under pressure as finished steel demand weakens
Turkey's imported scrap market remained subdued this week as weak finished steel demand continued to weigh on buying activity. MESTEEL assessed HMS 1&2 (80:20)...
Container ship sinks with scrap shipments bound for Pakistan
A Singapore-flagged container ship sank in the Strait of Hormuz on October 13 while carrying several consignments of steel scrap bound for Pakistan, with...
Special Steels Factory secures CARES and ECAS certification for wire products
Special Steels Factory LLC has secured CARES and Emirates Conformity Assessment Scheme (ECAS) certification for its cold-worked steel wire and welded wire mesh fabric,...
Iron ore futures hold steady amid mixed market signals
Iron ore futures were little changed on Friday as weak demand from Chinese steel mills and rising port inventories continued to weigh on the...
Jindal Ferrous commissions 2.2 mln ton steel complex in Odisha
Jindal Ferrous Limited (JFL) has commissioned its first integrated steelmaking complex in Jajpur, Odisha, following an investment of more than USD 527 mln.
The facility...