Tuesday, December 24, 2024
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    VIS maintains stable outlook on Aisha Steel amid sectoral and economic headwinds

    VIS Credit Rating Company Limited has reaffirmed the entity ratings of Aisha Steel Mills Limited (ASML) at 'BBB+/A2' (Triple B Plus/A Two). The long-term...

    Iron ore futures extend gains on restocking demand

    Iron ore futures rose on Tuesday, supported by pre-holiday restocking by Chinese steel mills ahead of the Chinese New Year holiday, which begins on...

    Iron ore futures rise on pre-holiday restocking expectations

    Iron ore futures climbed on Monday, driven by expectations of firm near-term demand. Market insiders report that Chinese steel mills have begun pre-holiday restocking...

    Steel firms to raise HRC prices amid rising costs

    South Korea's steel industry will increase prices for general steel products starting January, driven by a sharp rise in the KRW-USD exchange rate and...

    Iron ore futures fall amid persistent demand concerns

    Iron ore futures declined on Friday, weighed down by ongoing concerns about demand and market sentiment High port inventories, reduced steel production, and environmental-related curbs...

    DGTR initiates safeguard investigation on flat steel imports

    The Directorate General of Trade Remedies (DGTR), under the Commerce Ministry, has launched a safeguard investigation into the imports of non-alloy and alloy flat...

    Iron ore futures decline amid weak demand and falling steel production

    Iron ore futures extended their losses on Thursday, weighed down by a bearish demand outlook and declining steel production figures that dampened market sentiment. Crude...

    ArcelorMittal raises HRC prices in Europe

    ArcelorMittal has increased its HRC prices in Europe, with new offers reported at EUR 630 (USD 659) per ton EXW for February rolling, up...

    Iron ore futures slide amid rising inventories and weak steel demand

    Iron ore futures fell on Wednesday, pressured by a bearish outlook for the key steelmaking input. Market sentiment was further dampened by concerns over...

    Chinese firm to build USD 1.65 bln industrial complex in SCZONE

    Chinese steelmaker XinFeng plans to invest USD 1.65 bln in an integrated industrial complex within the Sokhna Industrial Zone under the Suez Canal Economic...

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