Kardemir raises billet and rebar prices in latest sales round
Turkish steelmaker Kardemir has concluded its latest sales round with higher billet and rebar prices, while firm scrap costs supported the increases.
The producer sold...
Explosion at Yesilyurt steel mill injures two operators
An explosion at the furnace control room of Yesilyurt Demir Celik's steel plant in Tekkekoy, Samsun province, Turkey, injured two operators, local media reported.
The...
Iron ore futures strengthen on improving market sentiment
China's iron ore futures strengthened on Wednesday as improving expectations for steel production provided support to the market, although rising iron ore supply limited...
Tata Steel Ludhiana secures country’s first BIS licence for octagonal billets
Tata Steel Ludhiana has received the Bureau of Indian Standards (BIS) licence under IS 14650:2023 for producing octagonal billets, becoming the first steel producer...
GCC billet market faces supply constraints as vessel delays disrupt deliveries
GCC rebar mills continue to face limited billet availability as vessel delays complicate deliveries into key markets. MESTEEL's August assessment puts UAE billet at...
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