Wednesday, December 3, 2025
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Hadeed raises long steel prices for December output
The Saudi Iron and Steel Company (Hadeed) has increased long steel prices for December production. The company's rebar (12-32 mm) prices rose by SAR 40...Colakoglu sees export growth and modernization as strategic priorities
Turkey's steel industry continues to demonstrate resilience despite market volatility, with exports and ongoing investments in efficiency, digitalization, and green transformation emerging as central...Steel producers warn tax burden is crippling demand and industry growth
Pakistan's steel industry has raised concerns over the government's economic and tax policies, warning that steep increases in indirect taxes, particularly sales tax, have...Red Sea International signs contract to develop modular camps for Baker Hughes
Saudi Arabia's Red Sea International Co. has signed a contract with Baker Hughes to design, build, supply, and operate modular camps in the Kingdom's...
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Iron ore futures edge lower on demand concerns
Iron ore futures inched lower on Wednesday as weak fundamentals continued to weigh on sentiment, though losses were limited by expectations that upcoming government...NMDC’s iron ore output rises in Nov 2025
India's state-owned NMDC Ltd produced 5.01 mln tons of iron ore in November 2025, up 11pct from 4.51 mln tons a year earlier, according...ArcelorMittal Eisenhuttenstadt modernizes reversing cold rolled mill
ArcelorMittal Eisenhuttenstadt has issued a provisional acceptance certificate (PAC) to Primetals Technologies after completing a major modernization of its reversing cold mill in Eisenhuttenstadt,...Thyssenkrupp Steel signs restructuring agreement with IG Metall
Germany's largest steel producer, Thyssenkrupp Steel, has signed a collective restructuring agreement with the IG Metall union, effective until September 30, 2030. The agreement...
- Prices
Hadeed raises long steel prices for December output
The Saudi Iron and Steel Company (Hadeed) has increased long steel prices for December production. The company's rebar (12-32 mm) prices rose by SAR 40...Iron ore futures edge lower on demand concerns
Iron ore futures inched lower on Wednesday as weak fundamentals continued to weigh on sentiment, though losses were limited by expectations that upcoming government...Scrap import prices edge higher on improved rebar demand
Turkey's imported scrap prices edged higher this week, rising to USD 355-360 per ton CFR from around USD 355 last week, supported by a...Iron ore dips as weak demand outlook keeps market cautious
Iron ore futures edged lower on Friday as market remained cautious amid an uncertain demand outlook. Rising inventories at major Chinese ports and increasing global...
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