Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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North Star BlueScope Steel has awarded Danieli the contract to modernize the run-out table laminar cooling system at its Quality Strip Production (QSP) facility in Delta, Ohio. The project also includes the installation…
Thyssenkrupp Steel has awarded Primetals Technologies a contract to modernize the slab sizing press at hot-strip mill # 2 in Duisburg, Germany. The project includes upgrading the electrical and drive systems with a new…
Pakistan's large-scale manufacturing (LSM) sector posted a growth of 2.29pct YoY in April 2025, according to data from the Pakistan Bureau of Statistics (PBS). However, output declined by 3.2pct compared to March…
Iron ore futures edged down on Tuesday as market sentiment remained cautious amid an uncertain demand outlook. A seasonal slowdown in steel demand has led to reduced steel production, weighing on market confidence…
A new regulation by India's Ministry of Steel could severely disrupt supply chains and impose heavy compliance costs on micro, small, and medium enterprises (MSMEs), according to the Global Trade Research Initiative…
Turkey imported 1.07 mln tons of HRC during the first four months of 2025, marking a 28pct decline compared to the same period last year, according to data from the Turkish Statistical Institute (TUIK). China remained…
Iron ore futures inched higher on Monday, supported by encouraging economic data, though the overall demand outlook remains weak. China's retail sales in May grew at their fastest pace since late 2023, boosted by…
Iron ore futures edged lower on Friday as market sentiment was weighed down by a weakening demand outlook. Rising iron ore inventories at major Chinese ports, driven by higher arrivals and slower offtake, added to…
Zhongshou Special Steel Group and Primetals Technologies have reached a significant milestone at Zhongshou's Arvedi ESP line project in Luanzhou, Hebei Province. Just 12 months after the contract launch, the first…
Voestalpine has successfully commissioned a suite of advanced processing equipment from Andritz at its Cold Rolling Mill #3 in Linz, Austria. The delivery includes a continuous pickling line, acid regeneration and…
Iron ore futures declined on Thursday, as lingering concerns over weak demand overshadowed the positive sentiment sparked by encouraging developments in U.S.-China trade talks. U.S. President Trump commented favorably…
Iron ore futures rebounded on Wednesday, supported by renewed optimism in U.S.-China trade talks, although concerns about demand continued to weigh on the market. According to media reports, negotiators from both…
Iron ore futures fell on Tuesday, weighed down by a bearish demand outlook amid rising shipments and expectations of weakening steel consumption. According to analysts, weekly shipments from key suppliers Australia and…
SSAB has signed a contract with Danieli to supply advanced, highly automated technology for its upcoming mini-mill in Lulea, Sweden, following an Early Service Agreement signed in July 2024. The new mini-mill, with an…
Iron ore futures fell on Monday, pressured by weak economic indicators that dampened market sentiment. China's consumer prices declined for a fourth consecutive month in May, despite government efforts to boost domestic…
UAE-based steel producers say they do not expect a significant impact from the latest U.S. move to double tariffs on steel imports. Effective June 4, the U.S. has raised tariffs on steel and aluminum imports from 25pct…
Iron ore futures recovered on Wednesday, although the demand outlook for this crucial steelmaking ingredient remains uncertain. The recent gains were largely driven by profit-taking, as traders capitalized on short-term…
Pakistan's National Tariff Commission (NTC) has launched an investigation into alleged circumvention of anti-dumping duties on cold rolled (CR) steel imports from China. The inquiry follows concerns that Chinese…
The Algerian Investment Promotion Agency (AAPI) has granted a land concession to China's Jingdong Steel for the construction of a major steel production facility in M'Sila province. The agreement allocates a 36-hectare…
Iron ore futures declined in post-holiday trading on Tuesday, pressured by renewed demand concerns and the U.S. decision to double steel tariffs. Market sentiment was further dampened by escalating trade tensions, as…
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