Saturday, November 8, 2025
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Long

Scrap import prices inch higher on fresh bookings

Turkey's imported scrap prices edged up this week to USD 350-355 per ton CFR, as compared to last week's USD 345-355 per ton CFR,...

Beco Steel begins supplying steel for power transmission projects

Beco Steel Limited has started supplying steel angles for electric transmission poles and related infrastructure to Pakistan's Water and Power Development Authority (WAPDA) and...

Iron ore futures drop as weak demand weighs on sentiment

Iron ore futures declined on Friday as weak demand and reduced steel output weighed on market sentiment. Chinese steel production continues to slow, with mills...

Celsa boosts Bayonne wire rod mill performance with finishing-end upgrade

Celsa France has successfully upgraded the finishing end of its Bayonne wire rod mill, following the completion of a modernization project by Primetals Technologies....

Kardemir raises rebar prices

Turkish steelmaker Kardemir has increased its rebar prices, according to the company's latest price list. The mill is now offering rebar at TRY 23,500 per...

Watani Steel swings to loss in Jan-Sep 2025

Saudi Arabia's Watani Iron and Steel Co. (Watani Steel) reported a net loss of SAR 3.5 mln (USD 0.93 mln) for the first nine...

Iron ore futures recover but demand concerns persist

Iron ore futures rose for the first time this week on Thursday, supported by restocking activity at some Chinese steel mills taking advantage of...

Global long steel market remains stuck in weak cycle – Irepas

The global long steel products market continues to struggle with weak demand, rising supply, and mills operating below capacity. According to the latest short-range...

Iron ore futures extend losses amid weak steel demand

Iron ore futures continued to fall on Wednesday as sluggish steel demand and reduced mill production kept market sentiment bearish. Chinese steelmakers have been scaling...

Mughal Steel swings to profit in Jul-Sep 2025 on improved margins

Pakistan's Mughal Iron and Steel Industries Limited (Mughal Steel) posted a consolidated profit of PKR 925.7 mln (USD 3.27 mln) for the quarter ended...

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