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Saturday, November 29, 2025
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Long

Scrap import prices edge higher on improved rebar demand

Turkey's imported scrap prices edged higher this week, rising to USD 355-360 per ton CFR from around USD 355 last week, supported by a...

EMSTEEL modernizes rebar mill with new Danieli twin channel system

EMSTEEL's rebar mill in Abu Dhabi has successfully completed the replacement of its entire twin channel system, originally supplied by Danieli in 2006. Danieli...

Ataqa’s profit falls sharply despite higher sales in Q3 2025

Misr National Steel (Ataqa) reported a net profit of EGP 78.98 mln (USD 1.65 mln) for Q3 2025, down from EGP 160.42 mln in...

Iron ore dips as weak demand outlook keeps market cautious

Iron ore futures edged lower on Friday as market remained cautious amid an uncertain demand outlook. Rising inventories at major Chinese ports and increasing global...

Iron ore futures rise but weak demand outlook keeps sentiment cautious

Iron ore futures gained on Thursday, supported by moderate steel demand and higher production levels, though the broader outlook remains bearish. Market sources reported a...

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