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Monday, August 17, 2026
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Regional suppliers strengthen position in steel imports in H1 2026
Steel import sourcing shifted towards regional suppliers during the second quarter of 2026, as geopolitical tensions and disruptions to maritime logistics altered supply patterns...Borusan Pipe secures USD 360 mln in new US orders
Turkey-based Borusan Pipe's US subsidiary, Borusan Berg Pipe, has secured new sales orders worth approximately USD 360 mln following commercial negotiations with customers in...Domestic steel market outlook strengthens on construction, auto demand – report
Morocco's steel demand is expected to rise by 7-8pct in 2026 to 2.75-2.82 mln tons, before exceeding 3 mln tons for the first time...Scrap market sees selective buying as mills remain cautious
Turkey's imported scrap market saw some trading activity this week, but Turkish steel mills remained cautious amid weak finished steel demand and limited margins....
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Iron ore futures decline on uncertain demand outlook
Iron ore futures weakened on Monday as high port inventories and weaker Chinese economic data offset improving steel market sentiment and stronger coking coal...Jindal Stainless to invest USD 94 mln to expand cold rolling capacity
Jindal Stainless plans to invest INR 900 crore (USD 94.1 mln) to increase its cold rolling capacity in India from 2.05 mln tons per...7 Steel Nordic supplies steel billets to Nova Hut
Czech steelmaker Nova Hut has started receiving steel billets from Norway-based 7 Steel Nordic, according to local media reports. The first shipment arrived several weeks...Missile strike partially halts ArcelorMittal Kryvyi Rih steel production
A Russian missile strike on August 16 damaged key production and energy facilities at ArcelorMittal Kryvyi Rih, forcing a partial halt to production at...
- Prices
Iron ore futures decline on uncertain demand outlook
Iron ore futures weakened on Monday as high port inventories and weaker Chinese economic data offset improving steel market sentiment and stronger coking coal...Scrap market sees selective buying as mills remain cautious
Turkey's imported scrap market saw some trading activity this week, but Turkish steel mills remained cautious amid weak finished steel demand and limited margins....Iron ore futures recover as steel production picks up
Iron ore futures recovered on Friday, supported by stronger coking coal prices and improving sentiment in the Chinese steel market. Signs of better downstream...Iron ore futures lack direction amid mixed market signals
Iron ore futures edged lower on Thursday as the market remained rangebound, with weaker coking coal and coke prices offsetting near-term support. Iron ore fundamentals...
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