Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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Pakistan's National Tariff Commission (NTC) has initiated a second sunset review of anti-dumping (AD) duties imposed on imports of cold-rolled (CR) coils and sheets originating in and/or exported from China, according…
Iron ore futures declined on Friday as rising inventories at major Chinese ports weighed on market sentiment, although expectations of improved demand helped limit losses. Port stocks continued to build as tight…
Tata Steel has successfully rolled the first coils at its Jamshedpur compact strip production (CSP) plant following an extensive upgrade carried out by SMS group. The revamp included the installation of a new F7…
Iron ore futures declined on Thursday as market sentiment remained cautious, with expectations of improving demand yet to fully materialize. Higher iron ore inventories at major Chinese ports, rising global supply, and…
Iron ore futures edged higher on Wednesday, supported by record Chinese steel export and iron ore import data, although overall market sentiment remained cautious. Data from the General Administration of Customs showed…
Turkey imported 3.63 mln tons of HRC in the first eleven months of 2025, up 10pct YoY, according to data from the Turkish Statistical Institute (TUIK). China remained the largest supplier with 1.3 mln tons, followed by…
Iron ore futures edged lower on Tuesday as market sentiment remained cautious, although near-term factors helped limit losses. Higher portside inventories in China, rising global iron ore supply and slow steel demand…
Vietnamese steelmaker Formosa has increased domestic prices for HRC scheduled for February-March delivery. The company is offering SAE 1006 and SS400 grades at around USD 504-514 per ton, depending on volumes, up by…
Taiwanese steelmaker China Steel Corporation (CSC) said it will raise prices for selected flat steel products for February sales, citing higher steelmaking costs and an improving global demand outlook. The company's…
Iron ore futures advanced on Monday after Beijing signalled fresh policy support to boost domestic demand. Chinese Premier Li Qiang chaired a State Council executive meeting that outlined coordinated fiscal and…
Dalian iron ore futures edged lower on Friday, pressured by rising inventories at major Chinese ports and a slight increase in finished steel stocks at key warehouses. However, losses were limited by expectations of…
Voestalpine is upgrading the Level 1 and Level 2 process control systems at its BETA 2 pickling line and tandem cold mill (PLTCM) in Linz, Austria, with Primetals Technologies implementing the software modernization…
Iron ore futures retreated on Thursday, with weaker steel production data and the sharp rally earlier in the week dampening spot-market buying. Iron ore futures had climbed in recent sessions on expectations of a…
Hyundai Steel will build a pilot direct reduced iron (DRI) facility at its Dangjin Steelworks to test hydrogen- and gas-based direct reduction processes, accelerating preparations for its planned steel mill in the…
Morocco's leading flat steel producer Maghreb Steel has strengthened steelmaking efficiency and workplace safety by installing new automated systems supplied by MORE, a manufacturer of chemical energy and auxiliary…
Iron ore futures rallied sharply on Wednesday after Beijing reaffirmed its commitment to maintaining a moderately loose monetary policy in 2026. China's central bank said it would continue to ensure ample liquidity…
Vietnamese steelmaker Hoa Phat Group has increased domestic HRC prices for February and March deliveries. The company is offering SAE1006/SS400 grade HRC at around USD 510-511 per ton CFR, up USD 4-5 per ton from prices…
The board of BlueScope said it has unanimously rejected an unsolicited, non-binding and conditional takeover approach from a consortium comprising SGH Limited and Steel Dynamics. The proposal sought to acquire all…
The Ministry of Industry has announced a new package of investment incentives aimed at encouraging the establishment of factories producing cold-rolled, galvanized, and pre-painted steel products. In a statement, the…
Iron ore futures extended gains on Tuesday, supported by improving market sentiment and expectations of stronger near-term demand. Prices were underpinned by the likelihood of a rebound in Chinese steel output as…
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