Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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Hoa Phat Dung Quat Integrated Steel Complex has successfully commissioned Danieli's Seven-Life Hydraulic Side Guides on its QSP (Quality Strip Production) hot strip line in Vietnam, improving strip stability and coil…
JSW Steel (USA) has proposed investing up to USD 500 mln to modernize and expand its recently acquired Acero Junction integrated steel plant in Ohio, increasing the facility's competitiveness and laying the foundation…
Iron ore futures fell on Wednesday as weak steel market fundamentals continued to weigh on market sentiment. Demand for finished steel remained subdued, with prices coming under pressure amid ample supply and seasonally…
Iron ore futures rose on Tuesday after positive Chinese manufacturing data provided support to the market, although concerns over steel demand continued to limit gains. China's official Purchasing Managers' Index (PMI)…
Iron ore futures advanced on Monday, supported by resilient Chinese steel production despite continued concerns over weak steel demand and rising global supply. Although iron ore continues to face supply-side pressure…
India's Directorate General of Trade Remedies (DGTR) has initiated an anti-dumping investigation into imports of hot rolled flat products of alloy or non-alloy steel originating in or exported from China, Japan and…
Iron ore futures edged higher on Friday after reversing earlier losses, supported by resilient Chinese steel output, although the medium-term outlook remained bearish. Data from the China Iron and Steel Association…
South Korea has imposed definitive anti-dumping duties on imports of hot rolled carbon steel and alloy steel flat products originating from Japan and China, following an investigation that found dumped imports had…
The UK government has finalized a new steel trade measure that will take effect on July 1, 2026, replacing the existing steel safeguard regime with a revised tariff-rate quota (TRQ) system featuring significantly lower…
Iron ore futures declined on Thursday as persistent concerns over steel demand continued to weigh on market sentiment. The seasonal slowdown in Chinese steel consumption has led to rising inventories of finished steel…
India's Directorate General of Trade Remedies (DGTR) has initiated an anti-dumping investigation into imports of Cold Rolled Grain Oriented Electrical Steel (CRGO) and Amorphous Metal (AM) originating in or exported…
Iron ore futures rebounded on Wednesday, supported by short-term restocking activity by Chinese steel mills following recent price declines, although the broader market outlook remained bearish. Market insiders said…
Vietnamese steel producer Hoa Phat Dung Quat Steel has successfully commissioned a new slab casting and hot strip mill complex at its Dung Quat steelworks in Quang Ngai province, with technology supplied by Primetals…
Iron ore futures moved lower on Tuesday, pressured by a combination of soft steel demand expectations and supply-side pressure that continued to dampen market confidence. Market analysts said Chinese steel mills are…
China's Shougang Jingtang United Iron & Steel (SGJT) has surpassed 10 mln tons of hot-rolled steel production at its Danieli QSP-DUE (Danieli Universal Endless) casting and rolling line, marking a significant milestone…
Imports of semi-finished and finished steel products (HS 7207-7229) increased by 40.4pct YoY to 100,162 tons during January-April 2026, according to customs data reviewed by MESTEEL. The increase was driven almost…
Iron ore futures extended their downward movement on Monday, pressured by high supply and sluggish steel consumption. Prices also came under pressure from falling coking coal futures after supply concerns eased, with…
Taiwan's China Steel Corporation (CSC) has reduced domestic prices for selected flat steel products for July 2026 deliveries, while increasing prices for several contract products for the third quarter. For July…
JSW Steel has awarded Yogiji Digi contracts for its 0.2 mln ton per year tin plate expansion project, further advancing the steelmaker's downstream processing capabilities in India. Under the contract, Yogiji Digi will…
UAE-based CIM Steel Industry LLC has announced the launch of production of its first pickled coil and cold rolled full hard (CRFH) coil at its facility in Umm Al Quwain Industrial City. The company said the milestone…
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