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Thursday, March 12, 2026
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Kardemir narrows net loss in 2025

Turkish steel producer Kardemir reported a net loss of TRY 1.68 bln (USD 38 mln) in 2025, narrowing from a loss of TRY 3.97...

Iron ore futures rise as market weighs demand recovery prospects

Iron ore futures climbed on Thursday, supported by improving demand sentiment in the market. Steel production in China is expected to rebound following the lifting...

Yongfeng Group awards contract for annealing furnaces

Yongfeng Group has awarded Fives a contract to design and supply annealing furnaces for new strip processing lines at its upcoming steel facility in...

Kardemir raises semis and long steel prices amid rising costs

Turkish steelmaker Kardemir has raised prices for semi-finished and long steel products in its latest sales round, testing market sentiment amid rising costs linked...

Iron ore advances on demand optimism

Iron ore futures rose on Wednesday on expectations of improved demand in the near term. Market analysts expect China's steel production to recover following the...

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