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Monday, July 13, 2026

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Scrap import prices remain under pressure on weak steel demand

Turkish imported scrap prices remained under pressure this week as weak finished steel demand, sluggish export sales and cautious mill buying continued to weigh...

Iron ore edges higher, weak fundamentals cap gains

Iron ore futures rose slightly on Friday, supported by expectations of tighter near-term supply, although weak steel demand and declining hot metal output continued...

Baosteel commissions new SBQ rolling line at Shanghai plant

Baoshan Iron & Steel (Baosteel) has successfully rolled the first bar at its new KOCKS RSB 370++/4 Reducing & Sizing Block, marking the commissioning...

Hoa Phat boosts Q2 crude steel output, HRC sales surge

Vietnam's leading steelmaker Hoa Phat Group produced more than 3.6 mln tons of crude steel in the second quarter of 2026, up 48pct YoY...

AQS hit with preliminary US countervailing duty on wire rod

The US Department of Commerce has preliminarily determined that countervailable subsidies are being provided to imports of carbon and alloy steel wire rod from...

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