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Thursday, August 6, 2026

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Iron ore futures recover but demand concerns persist

Iron ore futures recovered on Wednesday after falling to one-year lows earlier this week, supported by relatively stable demand. However, weak seasonal steel demand...

MMK-METIZ launches new galvanized wire for gabion structures

Russia's MMK-METIZ, part of MMK Group, has started production of a new type of galvanized wire for gabion structures, expanding its range of special-purpose...

Watani Steel posts sharp rise in H1 profit on stronger sales

Saudi Arabia's Watani Iron Steel Co. (Watani Steel) reported a sharp increase in profitability for the first half of 2026, supported by higher sales...

Iron ore futures stay subdued as supply pressure persists

Iron ore futures remained near one-year lows on Tuesday, with losses moderating as a slight recovery in demand provided some support, although ample supply,...

Iron ore futures hit fresh one-year low on weak demand

Iron ore futures fell below the 700 yuan per ton mark on Monday, reaching their lowest level in more than a year as abundant...

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