Wednesday, February 11, 2026
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Billet imports climb in 2025
Turkey imported 4.3 mln tons of billets in 2025, up 16pct YoY, according to data from the Turkish Statistical Institute (TUIK). Russia remained the largest...Erdemir to supply steel for Turkish Navy aircraft carrier project
Erdemir, a subsidiary of Oyak, will supply around 40,000 tons of steel for the construction of the Turkish Navy's first aircraft carrier, MUGEM, according...Vale’s iron ore pellet output at Sohar plant declines in 2025
Vale reported a 5.1pct YoY decline in iron ore pellet production at its Oman operations in 2025, with output falling to 8.72 mln tons,...Tenaris wins top honour at 2026 Aramco local manufacturers quality awards
Tenaris has secured first place in the small and medium manufacturers category at the 2026 Saudi Aramco Local Manufacturers Quality Awards, recognizing its performance...
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Iron ore futures trade sideways as policy support offsets weak fundamentals
Iron ore futures traded in a narrow range on Wednesday after China's central bank reaffirmed a moderately accommodative monetary stance, though weak market fundamentals...NMDC raises iron ore lump and fines prices
India's largest iron ore producer, National Mineral Development Corporation (NMDC), has raised prices for both iron ore lump and fines by INR 100 (USD...Govt launches third round of PLI scheme to boost specialty steel capacity
India's Steel Minister HD Kumaraswamy has launched the third round of the Production-Linked Incentive (PLI) Scheme for Specialty Steel, targeting the addition of 8.7...ArcelorMittal to build EAF at Dunkirk
ArcelorMittal has confirmed the construction of a 2-mln-ton electric arc furnace (EAF) at its Dunkirk steelworks in France, marking a major step in the...
- Prices
Iron ore futures trade sideways as policy support offsets weak fundamentals
Iron ore futures traded in a narrow range on Wednesday after China's central bank reaffirmed a moderately accommodative monetary stance, though weak market fundamentals...NMDC raises iron ore lump and fines prices
India's largest iron ore producer, National Mineral Development Corporation (NMDC), has raised prices for both iron ore lump and fines by INR 100 (USD...Iron ore futures end flat as weak fundamentals limit direction
Iron ore futures finished the daytime session little changed on Tuesday, with the market constrained by weak fundamentals and slowing activity in the physical...Iron ore futures remain under pressure as demand fades
Iron ore futures fell on Monday as subdued fundamentals continued to weigh on sentiment for the key steelmaking raw material. Higher iron ore inventories at...
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