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Tuesday, December 9, 2025
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Rebar prices fall as market weakness persists
Pakistan's major rebar manufacturers have sharply reduced prices, bringing current ex-works levels to PKR 225,000-230,000 (USD 800-807) per ton. Last month, prices from leading...Wire rod exports edge up in Jan-Oct 2025
Turkey exported 768,400 tons of wire rod in the first ten months of 2025, a slight increase of 0.3pct YoY, according to data from...East Pipes awarded new pipe supply deal by SWA
Saudi Arabia's East Pipes Integrated Co. for Industry has signed a steel pipe supply contract with the Saudi Water Authority (SWA) valued at more...ESAG acquires BRC Arabia to strengthen reinforced steel manufacturing portfolio
UAE's Easa Saleh Al Gurg Group (ESAG) has acquired BRC Arabia from The Kanoo Group, enhancing its reinforced steel manufacturing capabilities and expanding its...
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Iron ore futures fall as lower steel output darkens demand outlook
Iron ore futures declined on Monday as falling steel production reinforced a weak demand outlook. According to the China Iron and Steel Association (CISA), daily...Steel exports rise in Nov 2025
China's finished steel exports rose 7.5pct YoY to 9.98 mln tons in November, also up 2pct from the previous month, according to data from...Tata Steel, Cemvision to study converting slag into low-carbon cement feedstock
Tata Steel and Sweden's Cemvision have received support from the Swedish Energy Agency to conduct a joint feasibility study on converting Basic Oxygen Furnace...Mitsubishi Shipbuilding, Nippon Steel win approval for new LCO2 tank steel
Mitsubishi Shipbuilding and Nippon Steel have received the world's first General Design Approval (GDA) from ClassNK for a manufacturing process that enables large low-pressure...
- Prices
Rebar prices fall as market weakness persists
Pakistan's major rebar manufacturers have sharply reduced prices, bringing current ex-works levels to PKR 225,000-230,000 (USD 800-807) per ton. Last month, prices from leading...Iron ore futures fall as lower steel output darkens demand outlook
Iron ore futures declined on Monday as falling steel production reinforced a weak demand outlook. According to the China Iron and Steel Association (CISA), daily...Scrap import prices jump on new bookings
Turkey's imported scrap prices surged this week to USD 360-370 per ton CFR, up from USD 355-360 last week, driven by fresh bookings from...Iron ore slides further as weak demand and rising supply weigh on outlook
Iron ore futures fell again on Friday as soft fundamentals continued to keep market sentiment cautious. Iron ore inventories at major Chinese ports are still...
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