Scrap import prices retreat as steel demand remains sluggish
Turkish imported scrap prices moved lower this week as sluggish finished steel demand, falling rebar prices and limited booking activity continued to pressure the...
EMSTEEL supplies ES600 rebar for Al Zorah residential developments
UAE's EMSTEEL Group has supplied approximately 5,900 tons of its high-strength ES600 rebar for the Sealine Residence and Gateway Residence projects being developed by...
CIM Steel begins production at Umm Al Quwain cold rolling complex
UAE-based CIM Steel Industry LLC has announced the launch of production of its first pickled coil and cold rolled full hard (CRFH) coil at...
Iron ore futures decline as easing Gulf tensions reduce cost support
Iron ore futures declined on Thursday as falling oil prices after the memorandum of understanding between the United States and Iran, coupled with concerns...
Iron ore extends decline amid oversupply concerns and weak steel consumption
Iron ore futures continued to decline on Wednesday as rising supply, weakening steel demand and deteriorating mill margins weighed on market sentiment.
Market insiders said...
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