Friday, June 5, 2026
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Scrap import prices weaken amid sluggish steel demand
Turkey's imported scrap prices weakened this week as steel mills continued to limit purchases due to weak finished steel demand. HMS 1&2 (80:20) import...Rebar exports rise in January-April
Turkey's rebar exports increased by 8pct YoY to around 1.49 mln tons in the January-April period, according to data from the Turkish Statistical Institute...Canada maintains anti-dumping order on Turkish rebar
The Canadian International Trade Tribunal (CITT) has extended anti-dumping duties on imports of concrete reinforcing bar (rebar) from Turkey, China, and South Korea following...Safeen Drydocks secures USD 354 mln vessel construction contracts
UAE-based Safeen Drydocks has secured two vessel construction contracts with a combined value of AED 1.3 bln (USD 354 mln), marking the largest awards...
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Iron ore futures extend decline as demand outlook deteriorates
Iron ore futures declined on Friday as concerns over weakening steel demand and pressure on Chinese steel mill margins continued to weigh on market...NMDC’s iron ore output rises in May, sales decline
India's largest iron ore producer, NMDC, reported a 19.9pct YoY increase in iron ore production to 5.31 mln tons in May, according to provisional...Thyssenkrupp Steel resumes hot strip mill 4 operations after repairs
Thyssenkrupp Steel has resumed trial operations at hot strip mill 4 at its Duisburg site following extensive repair and modernization work after a fire...SSAB expands steel powder capacity for additive manufacturing
SSAB will expand its steel powder production facility in Oxelosund, Sweden, to support growing demand for additive manufacturing materials and strengthen its position in...
- Prices
Scrap import prices weaken amid sluggish steel demand
Turkey's imported scrap prices weakened this week as steel mills continued to limit purchases due to weak finished steel demand. HMS 1&2 (80:20) import...Iron ore futures extend decline as demand outlook deteriorates
Iron ore futures declined on Friday as concerns over weakening steel demand and pressure on Chinese steel mill margins continued to weigh on market...Iron ore under pressure from weak demand outlook
Iron ore futures extended losses on Thursday as concerns over weakening steel demand and pressure on Chinese steel mill margins continued to weigh on...Hadeed keeps June long steel prices unchanged
Saudi Arabia's Saudi Iron and Steel Company (Hadeed) has maintained domestic prices for its long steel products for June production. The company is offering rebar...
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