Friday, September 4, 2026
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Scrap import prices rise on tighter supply and high freight costs
Turkey's scrap import prices increased this week as tighter availability and firm freight costs supported the market. MESTEEL assessed HMS 1&2 (80:20) at USD...Kocaer Celik strengthens US presence with new subsidiary
Turkish steel producer Kocaer Celik has established KCR Steel U.S. LLC in Texas as part of its strategy to strengthen its presence and expand...Scrap imports increase in Jan-Jul 2026
Turkey imported 11.3 mln tons of scrap in the first seven months of 2026, up 3.7pct YoY, according to data from the Turkish Statistical...Govt begins overhaul of Gadani shipbreaking yard
Govt has started work on a PKR 12 bln (USD 43.3 mln) project to modernize the Gadani shipbreaking yard, with infrastructure upgrades aimed at...
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Iron ore futures rise on near-term supply support
China's iron ore futures rose on Friday, supported by near-term supply-side factors, although cautious steel demand continued to limit the upside. A weekly decline in...Hoa Phat raises domestic HRC prices for October
Vietnam's leading steelmaker Hoa Phat Group has raised its domestic HRC prices for October delivery, following three consecutive months of reductions, as seasonal demand...Formosa Ha Tinh temporarily shuts down blast furnace after fire incident
Formosa Ha Tinh Steel has temporarily shut down blast furnace No. 1 for inspection and repairs following a fire caused by a technical malfunction...JFE Steel commissions country’s first large stamp-charging coke oven
Japan's JFE Steel has completed construction and started operations at a new coke oven battery at its West Japan Works (Fukuyama district), following performance...
- Prices
Scrap import prices rise on tighter supply and high freight costs
Turkey's scrap import prices increased this week as tighter availability and firm freight costs supported the market. MESTEEL assessed HMS 1&2 (80:20) at USD...Iron ore futures rise on near-term supply support
China's iron ore futures rose on Friday, supported by near-term supply-side factors, although cautious steel demand continued to limit the upside. A weekly decline in...Hoa Phat raises domestic HRC prices for October
Vietnam's leading steelmaker Hoa Phat Group has raised its domestic HRC prices for October delivery, following three consecutive months of reductions, as seasonal demand...Iron ore futures recover despite cautious steel demand
China's iron ore futures rebounded on Thursday, supported by renewed restocking interest from steel mills, although cautious steel demand continued to limit the upside. Market...
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