Thursday, November 21, 2024
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    Kardemir reduces rebar prices

    Turkish steel producer Kardemir has decreased its rebar prices in the latest pricing update. The company is now offering 12-32 mm rebar at TRY 20,415...

    Iron ore futures extend gains despite demand concerns

    Iron ore futures extended gains for the third consecutive session on Wednesday, driven by expectations of economic stimulus. However, gains were capped by concerns...

    Iron ore futures extend gains on stimulus hopes

    Iron ore futures climbed on Tuesday, buoyed by market optimism over potential additional stimulus measures. Positive sentiment was sparked by a press briefing from...

    Posco shuts down wire rod mill at Pohang site

    South Korean steelmaker Posco has announced the closure of its Wire Rod Plant 1 at the Pohang steelworks in North Gyeongsang Province. The decision...

    Iron ore futures post gains on property sector support but demand concerns remain

    Iron ore futures rose on Monday, driven by new support measures for China's struggling property sector. Shanghai announced a relaxation of real estate policies, removing...

    Tokyo Steel keeps prices unchanged for December amid signs of market bottoming out

    Tokyo Steel, Japan's leading EAF-based steel producer, has decided to maintain its steel prices for December. Key prices include HRC at JPY 92,000 (USD...

    Scrap import prices decline amid weak steel demand

    Scrap import prices in Turkey fell this week influenced by weak demand for finished steel. Current prices are assessed at USD 350-360 per ton...

    Chinese firm warns of withdrawal from steel project due to mounting challenges

    China's Century Steel Mill has threatened to withdraw from its steel project in the Rashakai Special Economic Zone (SEZ), citing significant challenges, according to...

    Iron ore futures extend losses as steel demand concerns persist

    Iron ore futures declined further on Friday, pressured by a weak steel demand outlook. Seasonal slowdowns in steel demand during winter added to concerns,...

    Iron ore futures decline as weak demand overshadows Beijing’s new tax cuts

    Iron ore futures declined on Thursday as weak demand fundamentals outweighed Beijing's new tax cuts for the property sector. Rising iron ore shipments to China...

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