Thursday, October 15, 2026
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HRC buying slows as shipping risks mount
Saudi Arabia's HRC market has slowed, with buyers remaining cautious and import inquiries weakening amid escalating regional tensions and threats to shipping from Yemen's...AGSI sets benchmark for lower-carbon rebar production
Arabian Gulf Steel Industries (AGSI), the UAE's largest private steelmaker and recycler, has reported a verified cradle-to-gate carbon footprint of 139 kg of carbon...NTC extends anti-dumping duties on Chinese CR steel for five years
Pakistan's National Tariff Commission (NTC) has decided to extend anti-dumping duties on cold rolled (CR) steel coils and sheets imported from China for another...Jindal Steel Oman partners with Oman Cement to recycle steel slag
Jindal Steel Oman and Oman Cement Company have signed a three-year memorandum of understanding (MoU) to support the use of approximately 1 mln tons...
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Iron ore futures extend losses on weak market fundamentals
Iron ore futures fell on Wednesday as weak steel demand and continued pressure across China's steel market weighed on prices. Iron ore fundamentals remain bearish,...Steel exports edge up in Sept 2026
China's steel exports reached 10.49 mln tons in September 2026, up 0.3pct YoY and 3.3pct from August, according to the latest data from the...Mesabi Metallics selects Midrex for planned Iowa steel complex
Essar Group-backed Mesabi Metallics has selected Midrex Technologies to supply the direct reduced iron (DRI) technology for its planned USD 15 bln steel complex...SSAB starts work on new quenching line for wear-resistant steels
SSAB has started construction of a new quenching line at its Oxelosund steel mill in Sweden, following a SEK 3.3 bln (USD 328 mln)...
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HRC buying slows as shipping risks mount
Saudi Arabia's HRC market has slowed, with buyers remaining cautious and import inquiries weakening amid escalating regional tensions and threats to shipping from Yemen's...Iron ore futures extend losses on weak market fundamentals
Iron ore futures fell on Wednesday as weak steel demand and continued pressure across China's steel market weighed on prices. Iron ore fundamentals remain bearish,...Kardemir raises billet prices in new sales round
Turkish steelmaker Kardemir has raised its billet prices by USD 30 per ton in its latest sales round, marking its first reported billet sales...Iron ore futures fall as supply pressure weighs on sentiment
Iron ore futures fell on Tuesday as cautious steel mill buying, rising global supply and high Chinese port inventories continued to weigh on the...
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