Friday, May 8, 2026
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Scrap import prices stable as cautious buying sentiment prevails
Turkey's import scrap prices remained stable this week, as firm supplier sentiment was offset by resistance from Turkish steel mills amid weak finished steel...Ezz Flat Steel to modernize Ain Sokhna complex
Ezz Flat Steel (EFS) awarded Danieli a contract for the modernization of the Quality Strip Production (QSP) casting and rolling complex at its Ain...SSP posts stable Q1 profit despite lower revenue
Saudi Steel Pipe Company (SSP), also known as TenarisSaudiSteelPipes, announced its financial results for the first quarter of 2026. The company's net sales revenue declined...EMSTEEL signs strategic agreements at Make it in the Emirates 2026
EMSTEEL, one of the region's major steel and building materials producers, announced several agreements focused on decarbonization, digitalization, logistics, and industrial development during Make...
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Iron ore slips on demand concerns
Iron ore futures edged lower on Friday as rising global supply and a slowing pace of restocking weighed on market sentiment. Higher iron ore shipments...Crude steel output rises in April amid strong domestic demand
India's crude steel production increased by 5.8pct YoY to 14.09 mln tons in April 2026, supported by strong demand from the infrastructure, construction, and...ArcelorMittal supplies low-carbon steel for Daimler Truck concept vehicle
ArcelorMittal is supplying low-carbon steel for Daimler Truck's "reECONIC" concept vehicle project, aimed at increasing the use of circular and recycled materials in commercial...Ministry imposes anti-dumping duties on Chinese HRC imports
Australia's Minister for Industry, Innovation and Science accepted the Anti-Dumping Commission's final recommendations to impose anti-dumping duties ranging from 38.1pct to 79pct on HRC...
- Prices
Scrap import prices stable as cautious buying sentiment prevails
Turkey's import scrap prices remained stable this week, as firm supplier sentiment was offset by resistance from Turkish steel mills amid weak finished steel...Iron ore slips on demand concerns
Iron ore futures edged lower on Friday as rising global supply and a slowing pace of restocking weighed on market sentiment. Higher iron ore shipments...Iron ore extends gains on firm steel demand
Iron ore futures extended gains on Thursday, supported by firm near-term steel demand in China. Chinese steel mills continued to maintain production levels amid...Kardemir lowers wire rod prices
Kardemir has reduced wire rod prices, according to its latest price list. The company is offering 5.5 mm SAE 1006 grade wire rod at USD...
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