Wednesday, April 23, 2025
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    Emirates Steel maintains rebar prices for May production

    Emirates Steel, a subsidiary of the EMSTEEL Group, has announced that rebar prices for May production will remain unchanged for the fourth consecutive month. The...

    Iron ore futures edge up amid cautious market sentiment

    Iron ore futures posted modest gains on Tuesday, supported by near-term demand, even as market sentiment remained cautious due to a rise in protectionist...

    Hyundai Steel secures U.S. nuclear quality certification

    Hyundai Steel has become the first Korean steelmaker to receive U.S. quality certification for steel products used in nuclear reactors, marking a significant step...

    Iron ore futures gain support from resilient short-term demand

    Iron ore futures rose on Monday, supported by resilient short-term demand and optimism over potential stimulus measures, even as long-term demand concerns persisted. Chinese steel...

    Scrap import prices extend decline on weak steel demand

    Turkish scrap import prices continued to decline this week, pressured by weak demand for finished steel. Prices were assessed at USD 345-350 per ton...

    Iron ore futures nearly unchanged as long-term uncertainty persists

    Iron ore futures ended nearly flat on Thursday, with short-term fundamentals providing support, though uncertainty over the long-term outlook continued to weigh on sentiment. The...

    Kardemir unveils new rebar prices amid currency volatility

    Turkish steelmaker Kardemir has announced updated prices for its long steel products. The price of 12-32 mm rebar has been increased to TRY 21,165 (USD...

    Iron ore trades sideways on mixed demand signals

    Iron ore futures traded in a narrow range on Wednesday, as the market weighed mixed signals. While higher steel production and encouraging economic data...

    Iron ore futures edge higher amid cautious market sentiment

    Iron ore futures rose on Tuesday, supported by a decline in imports and steady domestic steel demand. However, the market remains cautious due to...

    Hoa Phat boosts specialty steel production with new casting and rolling facility

    Hoa Phat Group has signed a contract with Primetals Technologies to supply a high-quality steel casting and rolling line with an annual capacity of...

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