Iron ore futures extend losses as weak demand persists
China's iron ore futures fell further on Tuesday as weak steel continued to weigh on prices, while pre-holiday restocking provided limited support.
Market participants said...
Ezz Steel, other producers face US countervailing duties
The US Department of Commerce has issued a countervailing duty (CVD) order on rebar imports from Egypt, with a 23.27 pct net countervailable subsidy...
Iron ore futures fall as restocking demand weakens
China's iron ore futures fell on Monday as pre-holiday restocking demand weakened, while weak steel demand continued to weigh on the market.
Market insiders said...
Qarmet to upgrade rolling mill in Temirtau
Kazakhstan's Qarmet JSC has awarded POMINI Long Rolling Mills a contract to upgrade its rolling mill in Temirtau, Karaganda region.
The rolling mill, installed by...
Scrap import prices hold as buying loses momentum
Turkey's scrap import prices remained largely unchanged this week, although Turkish mills have become more cautious about further purchases amid slower finished steel sales....