Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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ArcelorMittal has confirmed the construction of a 2-mln-ton electric arc furnace (EAF) at its Dunkirk steelworks in France, marking a major step in the group's decarbonization strategy. The EUR 1.3 bln (USD 1.54 bln)…
Iron ore futures finished the daytime session little changed on Tuesday, with the market constrained by weak fundamentals and slowing activity in the physical steel market ahead of the Chinese New Year holidays. Prices…
Salzgitter AG has expanded its long-standing cooperation with Volvo Cars through a closed-loop recycling partnership that strengthens circular economy practices between the two companies. Under the initiative, known as…
Turkey imported 3.9 mln tons of HRC in 2025, up 8pct YoY, according to data from the Turkish Statistical Institute (TUIK). China remained the largest supplier, accounting for 1.36 mln tons, followed by Russia with…
Iron ore futures fell on Monday as subdued fundamentals continued to weigh on sentiment for the key steelmaking raw material. Higher iron ore inventories at major Chinese ports, coupled with rising global supply and a…
Iron ore futures fell on Friday, extending losses across all morning sessions this week, as weak fundamentals continued to weigh on market sentiment. Iron ore futures remained under pressure due to higher port-side…
GravitHy, Elyse Energy and Marcegaglia have signed a memorandum of understanding to explore industrial synergies at the Fos-sur-Mer industrial-port area in southern France. The agreement supports the development of a…
Iron ore futures extended losses on Thursday for a fourth consecutive session, as weak fundamentals and ample supply continued to pressure the market. Rising global shipments and higher inventories at Chinese ports are…
AM/NS India has become the first integrated steelmaker in India to receive Green Steel certification under the Ministry of Steel's newly introduced green steel taxonomy, the company said. Following an independent audit…
Iron ore futures remained under pressure on Wednesday, with persistently weak demand continuing to weigh on market sentiment. Higher inventories at major Chinese ports remain a key overhang, limiting price support…
Hyundai Steel has started mass production of low-emission steel sheets that reduce carbon emissions by around 20pct compared with conventional blast furnace products. The materials will be supplied to automakers Hyundai…
The U.S. Department of Commerce has issued a final affirmative determination of circumvention in its investigation of circular welded carbon steel pipe (CWP) produced in Oman using Chinese-origin HR steel, Commerce said…
Spanish engineering firm IDOM has announced that it is developing the front-end engineering design (FEED) phase for the flat products expansion project of Saudi Iron and Steel Company (Hadeed). Although details were…
Iron ore futures declined on Tuesday as persistent demand weakness and ample supply continued to weigh on market sentiment. Higher shipments from major miners, combined with rising inventories at Chinese ports, kept…
China's JISCO Carbon Steel has commenced production on the world's first integrated line combining hot strip mill (HSM) and compact strip production (CSP) technologies at its Jiayuguan plant. The new line lifts annual…
SSAB and JTK Power have jointly developed the world's first marine engine silencer made from low-emission SSAB Zero steel, marking a milestone in decarbonizing marine industry components. SSAB supplied around four tons…
Iron ore futures fell on Monday as softening fundamentals ahead of the Chinese New Year holidays dampened market sentiment. Rising iron ore inventories at major Chinese ports and slower restocking activity are expected…
Taiwanese steelmaker China Steel Corporation (CSC) has announced a price increase of TWD 500 (USD 16) per ton for flat steel products sold in March, including hot-rolled (commercial and rerolling grades), cold-rolled…
Morocco's Ministry of Industry and Trade has launched a review investigation to assess whether the safeguard measure on imports of hot-rolled flat steel products should be extended. The move follows a request submitted…
International Steels Limited (ISL), Pakistan's leading flat steel producer, reported strong financial performance for the first half of FY26 ended December 31, 2025, according to its interim financial statement. The…
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