Thursday, September 4, 2025
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    Iron ore futures extend gains as Tangshan steel curbs lifted

    Iron ore futures rose on Thursday, supported by expectations of higher demand after Tangshan steel mills resumed operations following the end of Beijing's military...

    Bena Steel posts sharp profit drop in H1 2025

    Saudi Arabia's Bena Steel Industries Co. reported a sharp decline in first-half 2025 earnings, according to a stock exchange filing. Net profit dropped more than...

    Molan Steel posts wider H1 loss on acquisition costs

    Saudi Arabia's Molan Steel Co. reported a net loss of SAR 2.8 mln (USD 0.74mln) in H1 2025, compared with SAR 2.49mln a year...

    TCUD calls for restrictions as steel imports jump in Jan-July 2025

    Turkey's steel exports rose 14pct YoY in the first seven months of 2025 to 8.8 mln tons, according to the Turkish Steel Producers' Association...

    ISPA, Uzbekistan Metallurgy Association sign MoU to boost steel collaboration

    The Iranian Steel Producers Association (ISPA) and the Uzbekistan Metallurgy Association have signed a memorandum of understanding (MoU) to strengthen cooperation in the iron...

    Welded pipe exports fall in H1

    Turkey exported 978,600 tons of welded steel pipes in the first half of 2025, down 6pct YoY, according to Turkish Statistical Institute (TUIK) data. Romania...

    Iron ore gains as Beijing mulls steel cuts

    Iron ore futures surged on Thursday, supported by reports that Chinese authorities plan to cut steel production to reduce excess supply. Beijing aims to curb...

    Baosteel posts profit growth in H1 2025

    China's Baoshan Iron & Steel (Baosteel) posted a 7.4pct YoY rise in net profit to 4.88 bln yuan (USD 682 mln) in the first...

    Steel imports drop 5pct in Jan-Jul 2025 YoY

    The U.S. imported 2.24 mln tons of steel in July 2025, including 1.69 mln tons of finished steel, according to preliminary Census Bureau data...

    Iron ore futures decline on weak steel demand

    Iron ore futures extended losses on Wednesday as the market grappled with oversupply worries and weakening steel demand in China. Blast furnace mills have kept...
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