Scrap import prices firm on tighter supply, cautious buying
Turkey's imported scrap prices remained firm this week, supported by tighter European scrap availability and higher freight costs. Buying activity, however, slowed after producers...
EMSTEEL reports stronger H1 earnings on improved steel profitability
UAE's EMSTEEL, one of the largest publicly traded steel and building materials manufacturers in the region, reported significantly stronger second-quarter financial results, supported by...
Jindal Steel commissions automated rebar counting systems at Sohar plants
Jindal Steel Oman has commissioned online automatic rebar counting and separation systems at its Jindal Steel Sohar and Sohar Steel rolling mills as part...
Iron ore futures remain under pressure as weak PMI weighs on sentiment
Iron ore futures extended losses on Friday, hovering near one-year lows after weaker-than-expected Chinese manufacturing data reinforced concerns over slowing steel demand, while rising...
Iron ore futures hit one-year low on mounting supply, weak steel demand
Iron ore futures extended losses on Thursday, falling to their lowest level since early July 2025 as rising port arrivals, mounting inventories and weak...
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