Sunday, November 2, 2025
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Scrap import prices steady amid subdued trading activity

Turkey's imported scrap prices held largely stable this week at USD 345-355 per ton CFR, as buying activity remained muted due to the mid-week...

Kardemir invests in new RSB block to enhance SBQ production

Turkish special steel producer Kardemir Karabuk Demir Celik Sanayi ve Ticaret A.S. (Kardemir) has ordered a Reducing & Sizing Block (RSB) 370++/4 from Kocks...

Amreli Steels trims quarterly loss by 20pct in Q1 FY26 YoY

Amreli Steels, one of Pakistan's leading steel producers, reported a 20pct YoY reduction in losses for Q1 FY26 ended September 30, 2025, posting a...

Iron ore futures retreat as weak steel demand weighs on sentiment

Iron ore futures fell on Friday as weak steel fundamentals and soft economic data dampened market sentiment. Iron ore futures rallied earlier in the week...

Amreli Steels prolongs rolling mill shutdown in Karachi as industry woes persist

Amreli Steels Limited has extended the suspension of operations at its Karachi S.I.T.E. rolling mill for another six months, citing ongoing operational and economic...

Iron ore futures ease as investors lock in gains amid cautious sentiment

Iron ore futures edged higher on Thursday, supported by easing U.S.-China tensions, though profit-taking later trimmed early gains. The United States and China have agreed...

Pacific Steel Group to build ultra-low emission steel plant in California

Pacific Steel Group has selected Danieli to supply a cutting-edge ECO Primary Line for its upcoming Hybrid MiDa plant in California, aiming to create...

Iron ore rallies on U.S.-China trade optimism despite weak demand outlook

Iron ore futures continued to rise on Wednesday, supported by optimism over easing trade tensions between the United States and China, the world's two...

Iron ore futures advance as easing trade tensions lift sentiment

Iron ore futures gained on Tuesday, supported by easing trade tensions between the U.S. and China and Beijing's new proposal to curb steel overcapacity,...

Kardemir issues new steel section prices

Turkey's leading steel producer Kardemir has announced revised prices for its steel sections, according to its latest price list released last week. Prices for IPE-NPU...

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