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 Monday, supported by restocking demand from Chinese steel mills ahead of the October holidays and firm steel production levels. Commodity markets also expect additional policy support as Beijing…
Iron ore futures climbed on Friday, supported by restocking demand ahead of the October holidays and higher steel production levels. Analysts noted that these factors are underpinning near-term demand for iron ore…
Turkey imported 643,700 tons of CRC in the first seven months of 2025, a sharp 52pct increase on YoY basis, according to data from the Turkish Statistical Institute (TUIK). South Korea was the leading supplier with…
The European Commission has initiated an antidumping investigation into cold-rolled flat steel imports from Turkey, India, Japan, Taiwan, and Vietnam, following a complaint lodged by EUROFER on 4 August 2025. The probe…
Iron ore futures slipped on Thursday as uncertainty over demand persisted. While restocking by Chinese steel mills ahead of the October holidays and expectations of stronger steel demand provided some support, concerns…
China Steel Corp (CSC), Taiwan's largest steelmaker, will raise domestic prices of HRC, plates, CRC, and rerolling-grade HRC by TWD 500 (USD 16.5) per ton for October, while keeping EG, galvanized, and electrical steel…
SSAB has begun construction of its new steel mill in Lulea, marked by a groundbreaking ceremony attended by Sweden's Deputy Prime Minister and Minister for Energy, Business and Industry, Ebba Busch, and SSAB CEO Johnny…
Iron ore futures remained range-bound on Wednesday as demand concerns weighed on sentiment. Iron ore consumption was supported by Chinese steel mills boosting output after Tangshan lifted environmental curbs, along with…
Iron ore futures rebounded on Tuesday, supported by firm near-term demand, though concerns about the outlook persist. Daily crude steel production at China Iron and Steel Association (CISA) member mills averaged 2.08…
Tata Steel has awarded John Cockerill India a contract worth about INR 80 crore (USD 9 mln) to supply pickling and acid regeneration plants (ARP) for its Tinplate Division in Jamshedpur, Jharkhand. The scope includes…
Tokyo Steel, Japan's leading electric arc furnace (EAF) steelmaker, has announced price cuts for October sales under its latest monthly policy. For flat products, HRC (1.7-22 mm) and pickled and oiled coil (1.7-6 mm)…
Turkey imported 2.27 mln tons of hot-rolled coil (HRC) in the first seven months of 2025, up 3.5pct YoY, according to data from the Turkish Statistical Institute (TUIK). China was the top supplier with 914,800 tons…
Iron ore futures declined on Monday as weak economic data dampened market sentiment, though firm near-term fundamentals helped limit losses. China's economy showed further strain in August, with sluggish domestic demand…
Indian steel producer Godawari Power and Ispat (GPIL) has awarded an INR 500 mln (USD 56.7 mln) contract to John Cockerill India for the engineering, design, manufacture, and supply of a 6HI Cold Rolling Mill at Tilda…
The Egyptian Ministry of Investment and Foreign Trade has announced provisional safeguard duties on flat steel products, according to two WTO notifications. For hot-rolled flat steel, the Ministry proposed a 13.6pct…
Iron ore futures closed nearly flat on Friday, with firm near-term demand tempered by sluggish steel consumption. Market sentiment was supported by expectations of resumed steel production after environmental curbs were…
Turkey exported around 1.73 mln tons of HRC in the first seven months of 2025, marking a 24pct YoY increase, according to data from the Turkish Statistical Institute (TUIK). Italy was the leading buyer with 471,000…
Pakistan's Aisha Steel Limited reported a sharp widening of losses in fiscal year 2025, ending June 30, with net losses rising to PKR 1.35 bln (USD 4.76 mln) from PKR 132 mln a year earlier, according to a stock…
Iron ore futures slipped on Thursday as concerns over weak steel demand resurfaced. Rising inventories of finished steel products, particularly long steel, at major Chinese stockists highlighted sluggish domestic…
JSW Steel Ltd. has issued a Final Acceptance Certificate (FAC) to SMS group for commissioning a second 350-ton RH-TOP (Ruhrstahl Heraeus) unit at its Dolvi steelmaking shop in Maharashtra. The first unit was…
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