Wednesday, September 24, 2025
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    Iron ore futures post gains as steel production rebounds, coking coal rallies

    Iron ore futures rebounded on Tuesday, supported by firm near-term demand, though concerns about the outlook persist. Daily crude steel production at China Iron and...

    Aisha Steel’s losses deepen in FY25 on lower sales

    Pakistan's Aisha Steel Limited reported a sharp widening of losses in fiscal year 2025, ending June 30, with net losses rising to PKR 1.35...

    JSW Steel’s output jumps 17pct in August 2025 YoY

    JSW Steel's consolidated crude steel output rose 17pct year-on-year to 2.703 mln tons in August 2025, the company said in a stock exchange filing. Production...

    NMDC’s iron ore output rises nearly 10pct in Aug 2025 YoY

    India's state-owned NMDC Ltd produced 3.37 mln tons of iron ore in August 2025, up 9.8pct YoY from 3.07 mln tons. Sales rose 8pct...

    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...

    Global stainless steel output rises in Q2 2025

    Global stainless steel production reached 16.36 mln tons in Q2 2025, up 3.1pct YoY and 5pct quarter-on-quarter, according to the World Stainless Association (Worldstainless). China...

    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...

    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...

    MENA accounts for 44pct of global DRI production in 2024

    The MENA region produced 62.51 mln tons of direct reduced iron (DRI) in 2024, up 2.66pct YoY, according to Midrex. The region represented 44pct...

    Middle East’s crude steel output declines in Jan-Jul 2025

    Crude steel production in the Middle East fell 0.9pct YoY to 32.3 mln tons in the first seven months of 2025, according to the...
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