Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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Iron ore futures fell on Friday as continued weakness in China's property sector and disappointing economic data dampened market sentiment. According to the National Bureau of Statistics (NBS), China's economy showed…
India's Directorate General of Trade Remedies (DGTR) has recommended imposing an anti-dumping duty of USD 121.55 per ton on HR steel imports from Vietnam, according to its final findings. Vietnam's Hoa Phat Group would…
India's Jindal Steel has commissioned Primetals Technologies to upgrade the Level 1 and 2 automation systems at its 5-meter plate mill in Angul, Odisha. The project aims to boost system availability, reduce downtime…
Iron ore futures fell on Thursday as sluggish steel demand weighed on sentiment. A seasonal slowdown in consumption, compounded by a tropical storm in southern China, has driven a steady buildup of finished steel…
Vietnam's Hoa Phat Group has commissioned a new basic oxygen furnace (BOF) and RH vacuum refining furnace at its Dung Quat 2 Iron and Steel Complex, marking a key milestone toward launching Blast Furnace No. 2 and…
Spartan UK, part of the Metinvest Group, has won a contract to supply 1,600 tons of steel plates for the new Sizewell C nuclear power station in Suffolk, one of the UK's largest energy projects in decades. The plant is…
Turkey exported about 1.6 mln tons of HRC in the first half of 2025, up 43pct YoY, according to data from the Turkish Statistical Institute (TUIK). Italy was the top buyer, importing 455,300 tons, followed by Spain with…
Pakistan's National Tariff Commission (NTC) has recommended cutting import duties on steelmaking raw materials, including scrap, to zero, aiming to secure uninterrupted supply and reduce production costs, according to a…
Iron ore futures were flat on Wednesday as traders weighed reports of steel production cuts in China. According to market sources, authorities ordered steel mills in Tangshan, a key steelmaking hub, to temporarily halt…
John Cockerill India Limited has been awarded a contract worth approximately USD 31 mln by JSW JFE Electrical Steel Nashik Private Limited. The agreement covers the engineering, design, manufacture, and supply of…
Japan's Ministry of Economy, Trade and Industry (METI) and Ministry of Finance (MOF) have launched an anti-dumping investigation into hot-dipped galvanized steel coil, sheet, and strip imports from China and South…
Turkey imported 1.87 mln tons of HRC in the first half of 2025, down more than 8pct YoY, according to data from the Turkish Statistical Institute (TUIK). China was the leading supplier, shipping 709,500 tons, followed…
Iron ore futures surged on Tuesday as the extension of the U.S.-China trade truce boosted market sentiment. The two largest global economies agreed to prolong their truce for another 90 days, until November 10, 2025…
Iron ore futures gained on Monday, supported by firm near-term demand, though upside was limited by reports of production cuts in a key steel hub. Blast-furnace based steel mills maintained high output levels, buoyed by…
Germany's Klockner & Co has expanded its electrical steel capacity to address surging demand from North America's power grid, renewable energy, and data center sectors. The company has established a state-of-the-art…
Iron ore futures slipped on Friday, pressured by lingering demand concerns amid excess supply and potential steel output cuts. Brazil, a major exporter, shipped a record 41.1 mln tons of iron ore in July, surpassing its…
ArcelorMittal Jinxi New Materials (Changzhou), a joint venture between ArcelorMittal and China Oriental Group, has awarded Danieli a contract to supply a six-stand cold-strip mill for its plant in Changzhou, Jiangsu…
Vietnam's Hoa Sen Group has introduced its Zinc-Aluminum-Magnesium (ZAM) coated steel coil, branded as MAGSHIELD, with an official launch on August 5, 2025, at the Hoa Sen's Nghe An factory. Marketed as a…
Turkey's major steel producer, Erdemir Group reported a sharp decline in net profit for the first half of 2025, according to its latest financial results. Net profit fell to TRY 1.81 bln (USD 44.5 mln), down…
Iron ore futures edged lower on Thursday amid lingering concerns over the demand outlook and a decline in Chinese crude steel production. Sentiment was dampened by data from the China Iron and Steel Association (CISA)…
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