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Friday, April 24, 2026

Production Statistics

Middle East steel output falls sharply in March amid regional disruptions

Crude steel production in the Middle East declined by 33.5pct YoY to 3.5 mln tons in March, as escalating regional tensions weighed on output....

Hoa Phat Q1 profit jumps on strong steel sales

Hoa Phat Group reported revenue of over VND 53.3 trillion (USD 2 bln) and net profit of VND 9.06 trillion (USD 344 mln) in...

Vale Sohar pellet output falls in Q1, operations halted amid Middle East tensions

Vale reported a 4.8pct YoY decline in iron ore pellet production at its Oman operations in the first quarter of 2026, reflecting maintenance activity...

Beijing to tighten steel output controls, address supply-demand imbalance – CISA

China will step up efforts to address "involution-style" competition in its steel sector by tightening crude steel output controls and advancing capacity governance reforms,...

Iron ore rallies on strong data, macro support

Iron ore futures rose sharply on Thursday, supported by improved demand indicators and positive macro sentiment, although supply-side pressures remain. China Iron and Steel Association...

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