Iron ore gains on short-term support; but fundamentals stay weak
Iron ore futures extended gains on Wednesday, supported by an uptick in near-term demand, although the longer-term outlook remains bearish.
Chinese steel mills have been...
Tokyo Steel holds prices steady for Jan sales
Tokyo Steel, Japan's leading electric arc furnace (EAF) steelmaker, has decided to keep all product prices unchanged for January sales under its latest monthly...
Steelco and Haddeko begin construction of cut-and-bend plant in Abu Dhabi
Steelco Technologies of the UAE, in partnership with Haddeko Iron Trade, has begun construction of a new cut-and-bend steel manufacturing facility in ICAD 1,...
Ashry Steel launches seismic-resistant high-strength rebar grade
Egyptian steel producer Ashry Steel has expanded its product portfolio with the launch of a new high-strength rebar grade, the company said in a...
Iron ore futures recover, but demand outlook remains weak
Iron ore futures recovered on Tuesday, supported by higher steel production figures, although the broader demand outlook remained bearish amid weakening fundamentals.
Data from the...
Prices
