Scrap import prices steady amid Middle East tensions
Turkey's scrap import market remained stable this week, as the ongoing Middle East conflict kept market sentiment cautious. Turkey's scrap import prices were assessed...
Watani Steel swings to net loss in 2025 amid lower sales
Saudi Arabia's Watani Iron and Steel Co. (Watani Steel) reported a net loss of SAR 14.86 mln (USD 3.96 mln) in 2025, compared with...
Iron ore futures rise on demand hopes
Iron ore futures climbed on Friday, supported by expectations of improved demand following positive economic signals from China.
Market sentiment strengthened as China's annual Two...
Cheaper Chinese section prices drive import surge in 2025
Chinese steel section prices on a CFR Jebel Ali basis declined across the board in 2025, as rising protectionist barriers in several markets and...
Kardemir Celik secures support to accelerate green transformation
Turkish steel producer, Kardemir Celik has secured support from the İzmir Development Agency (IZKA) under its "Industrial Green Transformation" programme, ranking first among selected...
