Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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Turkey's scrap import market came under pressure this week as declining domestic finished steel prices and weak demand prompted mills to seek lower prices. MESTEEL assessed HMS 1&2 (80:20) at USD 400 per ton CFR Turkey…
Koc Metalurji has acquired an 11,773 sq m plot of land adjacent to its production facility in Toprakkale, Osmaniye, for TRY 85.38 mln (USD 1.73 mln), according to a company filing. The purchase was completed on…
Kardemir is advancing the digital transformation of its production processes through a Level 3 Production Management System, image processing and artificial intelligence, with implementation planned across its…
EMSTEEL Group has received the EcoVadis Platinum Medal for 2026, improving from Bronze in 2025 and placing among the top 1pct of companies assessed worldwide over the past 12 months, with a score of 95 out of 100…
Qatar's exports of steel products under HS 7207-7229 nearly doubled in 2025, rising 99.5pct YoY to 1.84 mln tons from 920,575 tons in 2024, according to Qatar customs data. The increase was driven overwhelmingly by…
The Libyan Iron and Steel Company (LISCO) has gradually resumed production at its bar rolling mill, focusing on 8 and 12-14 mm rebar, according to local media reports. The company said the move is aimed at supporting…
Pakistan's Beco Steel reported a 179pct YoY increase in profit after tax to PKR 311.5 mln (USD 1.12 mln) for the financial year ended June 30, 2026, compared with PKR 111.5 mln a year earlier, according to the company's…
Lamprell has signed an agreement with International Maritime Industries (IMI) for the fabrication of several offshore structures, including a production platform and jackets, as part of an offshore Engineering…
Bahrain's steel imports under HS 7207-7229 surged to 49,608 tons in July 2026, up 216.0pct YoY and 476.2pct month on month, according to Bahrain Customs data. The sharp July increase was overwhelmingly driven by…
Egyptian steelmaker Al Ashry Steel Group plans to offer 20-30pct of its shares on the Egyptian Exchange in the first half of 2027 as part of efforts to diversify financing sources and support expansion plans, chairman…
Saudi Arabia's Al Kuhaimi Metal Industries (KMI) is supplying and installing steel door systems for the new Aramco Stadium in Al Khobar, the company said. KMI's scope includes the manufacture, supply and installation of…
Turkey and Ukraine's free trade agreement (FTA) entered into force on October 1, establishing a framework for more predictable bilateral trade and targeting a trade volume of USD 10 bln in the short term, according to…
Major Turkish long steel producer ICDAS has reduced its long steel prices by USD 10 per ton compared with levels announced in mid-September. The company is now offering rebar at USD 630 per ton EXW Biga and wire rod at…
The US Department of Commerce has preliminarily assigned a 13.11pct weighted-average dumping margin to Turkish rebar producers/exporters Colakoglu Metalurji and Ekinciler Demir for the July 2024-June 2025 review period…
The US Department of Commerce has finalized its antidumping review of circular welded carbon-quality steel pipe from the UAE, covering the December 2023-November 2024 review period. Commerce determined that the UAE…
UAE steel and building materials producer EMSTEEL has been reappointed as Co-Chair of the Alliance for Industry Decarbonization (AFID) for a second term. Led by the International Renewable Energy Agency (IRENA), AFID…
Taiwanese stainless steel pipe producer Froch Enterprise plans to start commercial production at its new plant in Tanger Tech, Morocco, in the first quarter of 2027, following trial production in the fourth quarter of…
Saudi steel manufacturer Al Yamamah Steel Industries has signed two contracts worth a combined SAR 254.28 mln (USD 67.8 mln) with Algihaz Contracting to supply steel towers for a 380 kV extra-high-voltage transmission…
Lebanon's steel imports fell sharply by 54pct YoY to 33,608 tons in August 2026, from 72,667 tons in August 2025, according to Lebanese Customs data. The country's steel imports also declined by around 51pct month on…
Swiss Steel Group plans to restructure its Deutsche Edelstahlwerke (DEW) business over the next two years, concentrating steelmaking at Witten, retaining the Siegen rolling mill and seeking buyers for its Hagen and Krefeld plants.
China's iron ore futures remained under pressure on Friday as weak steel mill profitability, expectations of rising global supply and cautious market sentiment weighed on prices. Steelmakers continue to face squeezed…
China's Maanshan Iron & Steel (Masteel) has ordered a 4D EAGLE S laser gauge from KOCKS to improve dimensional control and quality assurance in its rolling operations. The system will monitor rolled bars ranging from 15…
JSW Steel's consolidated crude steel production increased 5pct YoY to 7.27 mln tons in Q2 FY27 from 6.95 mln tons a year earlier, according to the company's latest production update. Production also rose 10pct QoQ from…
India's domestic steel demand is expected to grow 8-10pct in the second half of FY27, supported by strong consumption across sectors, Tata Steel CEO and Managing Director T V Narendran said. Speaking at the Indian…
Dillinger France has awarded SMS group an order to upgrade the cold plate leveler at its heavy plate mill in Dunkirk, France, with the latest generation of X-Pact Plate Leveler Control. The modernization will replace…
7 Steel UK has signed a long-term agreement with GB Railfreight to transport scrap steel to its Cardiff facility and deliver finished steel products to customers across the UK for at least 11 years. Services are…
Klockner & Co has signed an agreement to sell Becker Group, a European supplier of steel, stainless steel and aluminum, to a consortium comprising Accura Investment Partners and Becker Consult + Beteiligungs-GmbH (BCB)…
China's iron ore futures came under renewed pressure on Thursday as the market reopened after the week-long National Day holiday, with weak steel demand, rising inventories and poor mill profitability weighing on…
Tata Steel India's crude steel production rose 10pct YoY to 11.97 mln tons in H1 FY27, while deliveries increased 8pct to 11.14 mln tons, according to the company's provisional production and delivery data. In Q2FY27…
Nippon Steel's 2.0 GPa-class aluminized hot-stamping steel sheet with hydrogen-embrittlement resistance has been adopted for body components of Nissan Motor's all-new ELGRAND. The steel is used for underbody…
Voestalpine has completed a new power plant unit at its steel mill as part of its greentec steel transformation program, creating an additional source of electricity ahead of the planned commissioning of an electric arc…
Russia's Magnitogorsk Iron and Steel Works (MMK) has developed production of steel with increased resistance to atmospheric corrosion, expanding its range of weathering steel products. The steel forms a protective oxide…
India's finished steel consumption increased 7.5pct YoY to 84.9 mln tons in April-September FY27, according to provisional data from the Ministry of Steel. Finished steel production rose 3.7pct YoY to 81.8 mln tons…
Taiwan's China Steel Corporation (CSC) has announced a TWD 900 (USD 28) per ton increase in domestic prices for most flat steel products for November 2026 deliveries, citing higher international steel prices, recovering…
ArcelorMittal Poland will invest nearly PLN 60 mln (USD 15.3 mln) to modernize the dedusting system at its sinter plant in Dabrowa Gornicza, with work scheduled to start this year and finish in Q1 2028. The project aims…
Trasteel, through newly established Trasteel Magona S.r.l., has taken over operations of the La Magona d'Italia steel plant in Piombino, Tuscany, following the effectiveness of a lease agreement with Liberty Magona…
The European Commission has set the price of CBAM certificates for the third quarter of 2026 at EUR 82.32 (USD 92.49), up 9.4pct from EUR 75.28 in the second quarter. The Carbon Border Adjustment Mechanism (CBAM) is the…
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