Monday, June 22, 2026
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Scrap import prices retreat as steel demand remains sluggish
Turkish imported scrap prices moved lower this week as sluggish finished steel demand, falling rebar prices and limited booking activity continued to pressure the...Ministry launches review of safeguard duty on welded steel tube imports
Morocco's Ministry of Industry and Trade has initiated a review investigation into the possible extension of safeguard measures currently applied to imports of welded...EMSTEEL supplies ES600 rebar for Al Zorah residential developments
UAE's EMSTEEL Group has supplied approximately 5,900 tons of its high-strength ES600 rebar for the Sealine Residence and Gateway Residence projects being developed by...US-Iran MoU boosts sentiment, but GCC steel sector faces slow path to normalization
The signing of a memorandum of understanding (MoU) between the United States and Iran has improved sentiment across the Gulf steel market, raising hopes...
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WISCO enhances rail steel capabilities with new caster project
Wuhan Iron and Steel Co. (WISCO) has awarded Primetals Technologies a contract to supply a new six-strand bloom caster at its steelworks in Wuhan,...JSW Steel awards tin plate project contracts to Yogiji Digi
JSW Steel has awarded Yogiji Digi contracts for its 0.2 mln ton per year tin plate expansion project, further advancing the steelmaker's downstream processing...Bull Moose Tube to acquire Hanna Steel
U.S.-based Bull Moose Tube Company has reached a definitive agreement to acquire Hanna Steel Corporation, a producer of structural and mechanical steel tubing. The transaction...Valbruna ASW receives submarine steel order from TKMS
Valbruna ASW Inc. has received an initial order from Germany's TKMS for approximately 70 tons of non-magnetic submarine steel as part of efforts to...
- Prices
Scrap import prices retreat as steel demand remains sluggish
Turkish imported scrap prices moved lower this week as sluggish finished steel demand, falling rebar prices and limited booking activity continued to pressure the...Iron ore futures decline as easing Gulf tensions reduce cost support
Iron ore futures declined on Thursday as falling oil prices after the memorandum of understanding between the United States and Iran, coupled with concerns...Iron ore extends decline amid oversupply concerns and weak steel consumption
Iron ore futures continued to decline on Wednesday as rising supply, weakening steel demand and deteriorating mill margins weighed on market sentiment. Market insiders said...Iron ore declines on weak property data, pressure on steel margins
Iron ore futures fell on Tuesday as weak Chinese property sector data and concerns over deteriorating steel mill margins weighed on market sentiment. China's property...
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