Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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Iron ore futures rose on Wednesday, supported by expectations of improved near-term demand. Market analysts anticipate that Chinese steel mills may increase production in the coming weeks, boosting iron ore consumption…
Egypt's Trade Remedies Sector at the Ministry of Investment and Foreign Trade has formally notified the World Trade Organization (WTO) of the findings underpinning its safeguard action on hot-rolled flat steel…
Dalian iron ore futures resumed trading on a weaker note after the holiday break, extending the bearish trend seen before the Chinese New Year holidays. Higher iron ore inventories at major Chinese ports and rising…
Thailand's Sahaviriya Steel Industries (SSI) has launched SSI GREEN, a collaborative initiative aimed at driving Thailand's first low-carbon steel supply chain, uniting 19 industry partners across the steel value chain…
China's Jingdong Steel has completed 60pct of construction on its USD 500 mln steel plates and pipes manufacturing plant in the Dhraa El Hadja industrial zone in M'sila province, according to the Algerian Investment…
India's state-owned steelmaker, Steel Authority of India Limited (SAIL) has issued a letter of intent to Atmastco Limited for the installation of a 140-tph walking beam reheating furnace at the plate mill of Bhilai…
Magnitogorsk Iron & Steel Works (MMK) has developed and begun production of a new class of hot-rolled ribbed (corrugated) steel whose mechanical properties are guaranteed to meet defined strength and impact standards…
Erdemir Group, one of Turkey's leading steelmakers, reported a steep decline in profitability in 2025, according to its latest financial results. The company's net profit fell sharply to TRY 694.3 mln (USD 15.8 mln)…
Turkey's steel industry is recalibrating its export strategy in response to weak global demand, rising protectionism and intense price competition, with exporters increasingly focusing on nearby markets and value-added…
Brazil's trade regulator Camara de Comercio Exterior (Gecex) has approved definitive antidumping duties on imports of cold-rolled and steel products from China, effective for up to five years from 18 February 2026…
ArcelorMittal Nippon Steel India (AM/NS India) has expanded its value-added steel portfolio with the launch of AM/NS Vibrance and AM/NS Optima, two premium branded coated steel products aimed at appliance and industrial…
Lebanon's steel imports rose sharply in 2025, driven by higher inflows of rebar, hot-rolled and coated steel, according to data from Lebanese Customs. Total steel imports reached around 856,000 tons in 2025, up from…
Turkish steel producer Habas has initiated the environmental impact assessment (EIA) process for its planned cold rolling mill in the Aliaga district of Izmir, according to local media reports. The company has submitted…
Iron ore futures fell during pre-holiday trading on Friday, as weak demand fundamentals continued to weigh on market sentiment. Trading activity has thinned sharply ahead of China's week-long holiday starting next week…
Salzgitter AG has agreed to acquire Thyrolf & Uhle GmbH, expanding its portfolio in the defense and security steel segment. Thyrolf & Uhle has been active in steel processing since 1859 and employs around 100 people…
Iron ore futures traded lower on Thursday, extending recent volatility as a weak demand outlook across China's steel sector continued to pressure the market. Muted activity in the physical steel market has kept Chinese…
Roofings Rolling Mills Ltd (RRM) has successfully started up its new cold-mill complex in Uganda, achieving stable operations and consistent product quality as the company expands into flat steel products. In 2022…
Erdemir, a subsidiary of Oyak, will supply around 40,000 tons of steel for the construction of the Turkish Navy's first aircraft carrier, MUGEM, according to Oyak. MUGEM is Turkey's first indigenous aircraft carrier…
Iron ore futures traded in a narrow range on Wednesday after China's central bank reaffirmed a moderately accommodative monetary stance, though weak market fundamentals continued to cap any upside. The People's Bank of…
India's Steel Minister HD Kumaraswamy has launched the third round of the Production-Linked Incentive (PLI) Scheme for Specialty Steel, targeting the addition of 8.7 mln tons of upgraded alloy and specialty steel…
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