Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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Iron ore futures declined on Thursday amid rising geopolitical tensions and a broader risk-off sentiment in global markets. A more hawkish stance from the U.S. administration on the Iran conflict triggered a market…
Vietnam's Ministry of Industry and Trade (MOIT) has imposed temporary anti-circumvention measures on certain hot-rolled steel imports from China, extending existing trade defence actions. The ministry applied a duty of…
Pakistan's flat steel producers, International Steels Limited (ISL) and Aisha Steel, have increased domestic prices for cold-rolled and galvanized steel by PKR 5,000 (USD 18) per ton. Following the increase, ISL's 1 mm…
Turkish coated steel exports to the UK face tighter quota limits following a review by the UK's Trade Remedies Authority (TRA). According to the notice, the TRA has recommended introducing a country-specific quota for…
Iron ore futures rose on Wednesday, supported by cautious optimism over demand recovery despite ongoing headwinds. A steady recovery in Chinese steel production continued to underpin iron ore consumption, while…
Iron ore prices declined on Tuesday as easing supply concerns weighed on market sentiment. Earlier support from potential disruptions at major Australian ports due to Tropical Cyclone Narelle faded, as the impact on…
Hyundai Steel has issued the final acceptance certificate to SMS group for the multi-phase upgrade of continuous galvanizing line #1 (CVGL#1) at its Dangjin plant in South Korea, marking the completion of a project…
Hoa Phat Dung Quat Steel Joint Stock Company, in partnership with Horus Power (HRP), has commenced phase 2 of its rooftop solar power project as part of efforts to increase clean energy use and reduce production costs…
Iron ore futures were largely steady on Monday, with improving demand providing support against downside pressure. Production at Chinese blast furnace mills continued to recover, underpinning iron ore consumption…
Tata Steel has partnered with Hindustan Zinc to integrate low-carbon zinc solutions into its steel production, as part of efforts to reduce emissions across the value chain. The collaboration will see the use of…
The European Commission has initiated a safeguard investigation into imports of grain-oriented electrical steel (GOES), citing mounting pressure on domestic producers from rising import volumes. The investigation covers…
Iron ore futures declined on Friday, as easing supply disruption concerns and uncertainty over demand weighed on market sentiment. Earlier this week, iron ore futures were supported by concerns over potential…
ArcelorMittal has expanded its partnership with Romania-based Lio-Metal to promote the use of Magnelis coated steel, as the latter plans to phase out conventional galvanized steel across its product portfolio. Under the…
Thyssenkrupp Steel will further reduce production of grain-oriented electrical steel (GOES) in response to rising low-priced imports in the European market. The company's subsidiary, Thyssenkrupp Electrical Steel, will…
Iron ore futures rose slightly on Thursday, supported by concerns over supply disruptions in Australia following the closure of key ports in the Pilbara region due to a tropical cyclone. Pilbara Ports said operations at…
Thailand's Millcon Steel has signed a memorandum of understanding (MoU) with Singapore-based Meranti Green Steel to collaborate on low-carbon steel production and decarbonization initiatives. The partnership will focus…
Thyssenkrupp Rasselstein is supplying CO2-reduced Bluemint packaging steel to Henkel for use in tinplate cans, supporting efforts to lower the carbon footprint of packaging, the company said. The material is being used…
Iron ore futures fell on Wednesday, pressured by environmental-related production curbs in Tangshan, a major steelmaking hub in China. Market sentiment weakened after Tangshan activated an emergency response to air…
Iron ore futures extended gains on Tuesday, supported by improving steel production in China, although higher port-side inventories limited further upside. Market participants said iron ore demand remains firm as…
SSAB has opened a new steel service center in Mumbai, India, aimed at supplying processed components and kits made from Hardox wear plate and Strenx performance steel. The facility will cater to manufacturers of…
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