Friday, October 9, 2026
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Scrap import prices face downward pressure as mills seek lower levels
Turkey's scrap import market came under pressure this week as declining domestic finished steel prices and weak demand prompted mills to seek lower prices....Koc Metalurji acquires land next to Osmaniye steel plant
Koc Metalurji has acquired an 11,773 sq m plot of land adjacent to its production facility in Toprakkale, Osmaniye, for TRY 85.38 mln (USD...Kardemir to implement digital production management system
Kardemir is advancing the digital transformation of its production processes through a Level 3 Production Management System, image processing and artificial intelligence, with implementation...EMSTEEL earns top sustainability rating from EcoVadis
EMSTEEL Group has received the EcoVadis Platinum Medal for 2026, improving from Bronze in 2025 and placing among the top 1pct of companies assessed...
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Iron ore futures fall as weak mill profitability weighs on market
China's iron ore futures remained under pressure on Friday as weak steel mill profitability, expectations of rising global supply and cautious market sentiment weighed...Masteel orders KOCKS laser gauge for rolling mill
China's Maanshan Iron & Steel (Masteel) has ordered a 4D EAGLE S laser gauge from KOCKS to improve dimensional control and quality assurance in...JSW Steel’s crude steel production rises 5pct YoY in Q2 FY27
JSW Steel's consolidated crude steel production increased 5pct YoY to 7.27 mln tons in Q2 FY27 from 6.95 mln tons a year earlier, according...Tata Steel expects domestic steel demand to grow 8-10pct in H2 FY27
India's domestic steel demand is expected to grow 8-10pct in the second half of FY27, supported by strong consumption across sectors, Tata Steel CEO...
- Prices
Scrap import prices face downward pressure as mills seek lower levels
Turkey's scrap import market came under pressure this week as declining domestic finished steel prices and weak demand prompted mills to seek lower prices....Iron ore futures fall as weak mill profitability weighs on market
China's iron ore futures remained under pressure on Friday as weak steel mill profitability, expectations of rising global supply and cautious market sentiment weighed...Iron ore futures fall in post-holiday trading amid bearish sentiment
China's iron ore futures came under renewed pressure on Thursday as the market reopened after the week-long National Day holiday, with weak steel demand,...Finished steel consumption rises 7.5pct in H1 FY27 YoY
India's finished steel consumption increased 7.5pct YoY to 84.9 mln tons in April-September FY27, according to provisional data from the Ministry of Steel. Finished steel...
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