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 decided to extend the 40.47pct anti-dumping duty on galvalume steel imports from China, following the conclusion of an anti-circumvention investigation, according to a…
Iron ore futures fell on Tuesday as market sentiment remained cautious amid an uncertain demand outlook. Concerns over demand were heightened by rumors that some Chinese cities may introduce steel production cuts for…
Atlas Holdings, a U.S.-based private equity firm specializing in manufacturing and distribution, has signed a definitive agreement to acquire Evraz Inc. NA and Evraz Inc. NA Canada, along with their subsidiaries…
ArcelorMittal has successfully started up a new greenfield meltshop at its Calvert facility in Alabama, following its recent acquisition of Nippon Steel Corporation's 50pct stake in the former AM/NS Calvert joint…
Iron ore futures inched higher on Monday, supported by steady steel production and some encouraging economic indicators, though gains were capped by lingering concerns over long-term demand. China's official…
Jindal Steel has successfully commissioned its first continuous galvanising line (CGL 1) at its integrated steel complex in Angul, Odisha, marking a key milestone in expanding its coated steel product range. The new…
Tokyo Steel has awarded Primetals Technologies, in collaboration with thermal tech specialist Chugai Ro and electrification provider Hitachi, a contract to upgrade its hot-dip galvanizing line at the Okayama Works. The…
SSAB has secured an additional EUR 430 mln (USD 504 mln) in green financing to advance its transformation project in Lulea, Sweden. This follows a successful debt raising in April 2025 and supports the construction of a…
Iron ore futures rebounded on Thursday, supported by firm near-term fundamentals and growing expectations of economic stimulus, despite lingering concerns over steel demand. Chinese blast furnace-based steelmakers…
Iron ore futures extended losses on Wednesday, weighed down by a weak demand outlook. Market sentiment remained bearish amid rising shipments from major miners and expectations of a seasonal slowdown in steel demand…
Iron ore futures declined on Tuesday, pressured by an increase in shipments from major producers and lingering uncertainty over steel demand. Market sources noted that iron ore shipments from Australia and Brazil surged…
Tata Steel Nederland has joined the Low Emission Steel Standard (LESS), an independent non-profit organization promoting the steel industry's transition to climate neutrality, the company announced in a press release…
Iron ore futures rose on Monday, supported by steady near-term demand, though gains were limited by persistent concerns over future consumption. Chinese steel mills, particularly those using blast furnaces, kept…
Dalian iron ore futures rose on Friday, supported by steady steel production and resilient demand. However, the broader market outlook remains uncertain. Chinese blast furnace-based steel mills continue to operate…
Jingye Steel has completed a major automation upgrade for its five-meter heavy plate mill in Yingkou, Liaoning Province, with support from SMS group. Originally installed by SMS in 2009, the mill resumed production…
ArcelorMittal Europe has officially withdrawn from its planned DRI and EAF investments at its Bremen and Eisenhuttenstadt sites, citing unfavorable market, energy, and policy conditions. Despite a EUR 1.3 bln (USD 1.49…
Turkey imported 286,200 tons of CRC in the first four months of 2025, up 32pct YoY, according to data from the Turkish Statistical Institute (TUIK). South Korea was the leading supplier with 95,000 tons, followed by…
Iron ore futures posted modest gains on Thursday, supported by higher steel production. Although overall steel output has slowed, mills are still operating at relatively high levels, limiting the drop in iron ore…
ArcelorMittal has completed the acquisition of Nippon Steel Corporation's 50pct stake in AM/NS Calvert, making it the sole owner of the advanced steel finishing facility, now renamed ArcelorMittal Calvert. The deal…
Iron ore futures fell on Wednesday, pressured by weak demand due to a seasonal slowdown in steel consumption. The summer lull has led several steel producers to scale back output, with China's crude steel production…
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