Monday, July 8, 2024
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    Iron ore futures fall amid weak steel demand and rising inventories

    Iron ore futures dropped on Monday as weak fundamentals, driven by sluggish steel demand, weighed on market sentiments. Concerns over long-term demand outlook were exacerbated...

    Irepas reports intensifying market competition amid Chinese export dominance

    The global long steel products market is increasingly unstable, with China moving steel billets at the lowest prices. Chinese finished products dominate most markets...

    Scrap import prices increase despite weak finished steel demand

    Turkey's scrap import prices increased further this week as steel mills booked new cargoes at higher rates. Scrap import prices in Turkey are now...

    Construction sector faces challenges amid economic shifts – report

    Price volatility continues for key construction materials in Egypt, despite a relative cooling of prices as of March 2024. This trend is attributed to...

    Iron ore futures dip as steel output declines

    Iron ore futures dropped on Friday due to weak steel output figures and slow steel demand, negatively impacting market sentiment. Based on recent figures released...

    Iron ore futures continue upward trend amid short-term demand surge

    Iron ore futures saw their fifth consecutive session of gains on Thursday, buoyed by robust short-term demand and ongoing expectations of further stimulus measures. Chinese...

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