Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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Egypt's Trade Remedies Sector of the Ministry of Investment and Foreign Trade held a hearing as part of its investigation into potential safeguard measures on imports of cold-rolled, galvanized, and pre-painted steel…
Iron ore futures posted modest gains in the first trading session of 2026, supported by short-term factors, although underlying market fundamentals remained fragile. Prices were underpinned by the resumption of…
Australian steelmaker BlueScope said it received an unsolicited, non-binding and indicative proposal on 12 December 2025 from an Australian-US consortium to acquire all its shares via a scheme of arrangement at AUD…
Chinese HRC prices remained under pressure in 2025, with UAE import patterns highlighting booking lags and global supply dynamics. Chinese HRC prices into the UAE on a CFR Jebel Ali basis, as assessed by MEsteel, moved…
Iron ore futures edged lower on Wednesday in the final morning session of 2025, with market sentiment weighed down by weak fundamentals. Rising global supply, elevated inventories at major Chinese ports, and subdued…
India has imposed a definitive safeguard duty for a period of three years on imports of non-alloy and alloy steel flat products, after concluding that a sudden, sharp and significant surge in imports caused serious…
Iron ore futures declined on Tuesday as the market remained caught between weak current fundamentals and short-term optimistic expectations, keeping sentiment mixed. Market participants said shipments from major miners…
Thyssenkrupp Steel has signed a long-term supply agreement with ferrous and non-ferrous metal recycler TSR Group for the delivery of TSR40, an innovative recycled raw material. TSR40 is produced exclusively from…
Iron ore futures surged on Monday, driven by improved sentiment after Beijing signaled a more proactive fiscal policy stance for 2026. China will adopt a more expansionary fiscal approach next year, increasing spending…
Iron ore futures posted gains on Friday, supported mainly by sentiment-driven expectations, while underlying fundamentals remained weak. Iron ore futures were subdued earlier in the session after China's state planner…
ArcelorMittal has restarted steel production at its Fos-sur-Mer site in southern France following a fire that disrupted operations in early October. The site produced its first slab in mid-December after the restart of…
ArcelorMittal Steel Service Centres Europe has completed a major modernization project at its Krakow, Poland facility, upgrading the Fimi cross-cutting line with a new hybrid straightening technology. The project…
Iron ore futures rose on Thursday, supported by improved sentiment following Beijing's latest measures to support the troubled property sector, although weak market fundamentals continued to limit gains. China announced…
Iron ore futures edged higher on Wednesday as expectations of improved demand provided some support, though gains were limited by weak underlying fundamentals, keeping market sentiment cautious. Analysts said Beijing is…
The United States has finalized anti-dumping duty (AD) rates on coated steel imports from Turkey and the United Arab Emirates, along with eight other supplying countries, according to a notice issued by the…
Turkey Ministry of Trade has imposed anti-dumping duties on tinplate imports from Germany, China, Japan, South Korea, and Serbia, according to a notice published in the country's official gazette. The investigation…
Iron ore futures edged lower on Tuesday as a bearish outlook continued to pressure the market. A seasonal slowdown in steel demand has prompted many Chinese steel mills to schedule maintenance, a trend expected to…
Iron ore futures edged higher on Monday, though the overall demand outlook remained cautious as the market continued to assess underlying fundamentals. Market participants believe most negative factors, such as higher…
Steel Authority of India Limited (SAIL), India's largest public-sector steelmaker, has awarded Danieli contracts to supply major technologies for the expansion of the IISCO Steel Plant in Burnpur, West Bengal. The…
China Steel Corporation (CSC) announced it will increase prices for some steel products for January deliveries. The company will raise prices by TWD 300 (USD 9.5) per ton for HRC and plates in commercial quality, HRC…
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