Thursday, February 5, 2026
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Saudi Arabia drives surge in Chinese billet imports into the GCC in 2025
Chinese exports of steel billets to the Gulf Cooperation Council (GCC) strengthened markedly in 2025, with the region accounting for a growing share of...Scrap imports fall 6.5pct in 2025 YoY
Turkey imported 18.7 mln tons of ferrous scrap in 2025, marking a 6.5pct YoY decline, according to data from the Turkish Statistical Institute (TUIK). The...IIL posts strong earnings growth in H1 FY26
Pakistan's leading pipe manufacturer International Industries Limited (IIL) reported a sharp improvement in earnings for the first half of FY26 ended December 31, 2025. The...U.S. finds Omani-origin pipes made with Chinese HR steel circumventing duties
The U.S. Department of Commerce has issued a final affirmative determination of circumvention in its investigation of circular welded carbon steel pipe (CWP) produced...
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Iron ore futures stay subdued amid weak demand and ample supply
Iron ore futures remained under pressure on Wednesday, with persistently weak demand continuing to weigh on market sentiment. Higher inventories at major Chinese ports...NMDC posts higher iron ore output and sales in January
India's state-owned miner NMDC Ltd produced 5.56 mln tons of iron ore in January 2026, up 9pct YoY from 5.1 mln tons, according to...Hyundai Steel expands low-emission steel output under group decarbonization plan
Hyundai Steel has started mass production of low-emission steel sheets that reduce carbon emissions by around 20pct compared with conventional blast furnace products. The...UMB Steel commissions Europe’s first continuous long steel mill
Romania-based UMB Steel has commissioned SMS group to supply Europe's first Continuous Mill Technology (CMT 700) at its Otelu Rosu site. The new long steel...
- Prices
Iron ore futures stay subdued amid weak demand and ample supply
Iron ore futures remained under pressure on Wednesday, with persistently weak demand continuing to weigh on market sentiment. Higher inventories at major Chinese ports...Iron ore futures ease as pre-holiday slowdown sets in
Iron ore futures declined on Tuesday as persistent demand weakness and ample supply continued to weigh on market sentiment. Higher shipments from major miners,...Iron ore futures slide as weak demand and commodity sell-off weigh on sentiment
Iron ore futures fell on Monday as softening fundamentals ahead of the Chinese New Year holidays dampened market sentiment. Rising iron ore inventories at major...CSC raises flat steel prices for March sales on firmer demand outlook and higher costs
Taiwanese steelmaker China Steel Corporation (CSC) has announced a price increase of TWD 500 (USD 16) per ton for flat steel products sold in...
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