Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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Meranti Green Steel is considering downstream steel investments as part of its long-term strategy alongside its planned low-carbon iron project in Duqm, according to local media reports. CEO Dr Sebastian Langendorf said…
Gazi Metal has awarded Pomini Tenova a contract to supply a new work roll grinding machine for its Karasu, Sakarya facility in Turkey, aimed at expanding roll shop capacity. The foundation-free machine is designed to…
Iron ore futures post gains on Wednesday, supported by a positive near-term demand outlook, although gains were limited by ongoing supply concerns. Iron ore futures were supported by steady demand from Chinese steel…
Marcegaglia and Danieli have signed an agreement to develop a new steelmaking and flat rolling facility in Fos-sur-Mer, France. The proposed plant will have capacity to produce over 2 mln tons per year of liquid steel…
Thyssenkrupp Steel is supplying approximately 1,000 tons of CO2-reduced Bluemint steel for a major water pipeline project in Angola, located in southwestern Africa. The material will be used as part of the Quilonga…
Iron ore futures edged lower on Tuesday, pressured by rising supply expectations, while steady steel production limited the downside. Market sentiment weakened after reports that China Mineral Resources Group (CMRG) has…
Domestic HRC prices in Saudi Arabia have increased amid tightening supply and ongoing logistics disruptions linked to regional geopolitical tensions, market sources said. Saudi Arabia's Saudi Iron and Steel Company…
Turkey's HRC imports declined by nearly 24pct YoY in the first two months of 2026, according to data from the Turkish Statistical Institute (TUIK). The country's total imports reached 497,000 tons in January-February…
Iron ore futures moved higher on Monday, supported by rising oil prices and sustained steel production. International oil prices climbed above USD 100 per barrel amid escalating US-Iran tensions after recent high-level…
Iron ore futures declined on Friday as market sentiment remained cautious over the demand outlook, while improving steel production helped limit losses. Iron ore futures came under pressure this week amid higher…
Iron ore futures declined on Thursday amid a weakening outlook and continued supply-side pressure. Higher shipments from major iron ore suppliers, along with high inventories at Chinese ports, remain key headwinds…
Iron ore futures extended losses on Wednesday, pressured by rising supply and an uncertain demand outlook. A temporary ceasefire between the US and Iran, including the reopening of the Strait of Hormuz, has reduced the…
Tata Steel Nederland has temporarily shut down its Direct Sheet Plant (DSP) at the IJmuiden site following elevated emissions, the company said in a statement. The shutdown was implemented after measurements showed that…
Iron ore futures declined on Tuesday as sluggish demand and rising supply weighed on market sentiment. Recent data from the China Iron and Steel Association (CISA) showed that average daily crude steel output at member…
Jindal Steel has expanded the use of coal gasification technology to strengthen energy security and support lower-carbon steel production, the company said. The company has established India's first coal…
Chinese steel producer Shougang Group and automaker FAW Group have jointly developed and validated a new generation of 2.4 GPa (2,400 MPa) hot-formed automotive steel, marking a significant step forward in…
Hyundai Steel and France-based Fives Group have signed a major contract to design and supply advanced coil finishing lines for automotive steel applications. The agreement supports Hyundai-Posco Louisiana Steel's new…
Egypt's Ministry of Investment and Foreign Trade has concluded its anti-dumping investigation into imports of cold-rolled, galvanized and pre-painted steel sheets from China and Turkey without imposing duties. The…
Iron ore futures slipped on Friday as ongoing Middle East tensions continued to drive volatility across commodity markets. Prices came under pressure following the completion of feedstock restocking by Chinese steel…
ArcelorMittal has produced the first industrial coil at its new electrical steel line at the Mardyck site in France, marking the start of operations. The first coil, weighing over 17 tons, was produced on the initial…
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