Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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Libyan Iron and Steel Company (LISCO) announced the successful commissioning and performance testing of its cold rolling mill, implemented by Turkish engineering company Partner Teknik. According to LISCO, the project…
Iron ore futures increased on Monday, supported by firm steel demand in China and positive economic data. Chinese steel production remained stable, while mill margins improved amid stronger domestic steel demand and…
Ezz Flat Steel (EFS) awarded Danieli a contract for the modernization of the Quality Strip Production (QSP) casting and rolling complex at its Ain Sokhna facility in Egypt. The QSP complex, originally supplied by…
Iron ore futures edged lower on Friday as rising global supply and a slowing pace of restocking weighed on market sentiment. Higher iron ore shipments from major miners, coupled with high port inventories in China…
India's crude steel production increased by 5.8pct YoY to 14.09 mln tons in April 2026, supported by strong demand from the infrastructure, construction, and manufacturing sectors, local media reported citing data from…
Australia's Minister for Industry, Innovation and Science accepted the Anti-Dumping Commission's final recommendations to impose anti-dumping duties ranging from 38.1pct to 79pct on HRC imports from China, according to…
Iron ore futures extended gains on Thursday, supported by firm near-term steel demand in China. Chinese steel mills continued to maintain production levels amid steady downstream steel demand in the domestic market…
Iron ore futures moved higher on Wednesday following the holiday break, supported by firm near-term demand, although longer-term concerns persist. Chinese steel mills continued restocking activity amid expectations of…
ArcelorMittal Nippon Steel India (AM/NS India) has inaugurated a pickling line and tandem cold mill (PLTCM) at its Hazira facility in Gujarat, strengthening its automotive steel production capabilities. The new unit has…
Moroccan Ministry of Industry and Trade has notified the extension of its safeguard measure on imports of hot-rolled steel, maintaining an additional duty of 19pct under WTO rules. The measure, which applies to…
Hyundai-POSCO Louisiana Steel LLC has selected Danieli as technology partner for a new integrated steel plant in Louisiana, USA, aimed at producing high-quality hot-rolled slabs for low-carbon, value-added automotive…
Ferrosource is nearing completion of a new steel processing facility at the Big River Steel Works campus in Osceola, Arkansas, with operations expected to begin in August 2026. The project introduces an on-campus…
China's Baoshan Iron & Steel Co. (Baosteel) is reassessing its planned steel joint venture in Saudi Arabia amid rising geopolitical risks linked to tensions in the Middle East, according to a Reuters report. The…
Hyundai Steel, together with POSCO, has advanced its planned US steel investment through its joint venture Hyundai-POSCO Louisiana Steel (HPLS), following the signing of a long-term power supply agreement with Entergy…
Turkish steel producer, Erdemir Group reported a 9.4pct YoY decline in profitability in the first quarter of 2026, according to its latest financial results. Net profit fell to TRY 405.8 mln (USD 9.0 mln) from TRY 447.9…
Iron ore futures rose in the last session before the holidays on Thursday, supported by firm steel demand and stable manufacturing activity in China. China's manufacturing purchasing managers' index (PMI) stood at 50.3…
Iron ore futures increased on Wednesday, supported by firm steel demand and cost pressures, although concerns over slowing steel production growth and rising supply limited gains. Chinese steel traders said domestic…
Iron ore futures declined on Tuesday, pressured by rising supply, although near-term demand helped limit losses. Market sentiment weakened after reports that China Mineral Resources Group (CMRG) has cleared the sale of…
Iran has suspended exports of steel slabs and flat products until May 30, 2026, according to an official directive issued by the Trade Promotion Organization of Iran (TPO). The directive mandates an immediate halt to…
Iron ore futures were largely unchanged on Monday, as the market looked for clearer direction. Rising supply continued to weigh on prices, although pre-holiday restocking provided some support. Shipments to China from…
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