Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
Got a story for the Middle East steel market? Submit news
1,356 news items in Flat. Show all
Iron ore futures surged on Tuesday, buoyed by expectations of stronger economic stimulus from Beijing. The Chinese Politburo announced plans for looser monetary policies and proactive fiscal measures to spur economic…
Iron ore futures rose on Friday as Beijing's commitment to stronger economic support in 2025 bolstered market sentiment. The Chinese Politburo announced plans for looser monetary policy and more proactive fiscal…
The Canada Border Services Agency (CBSA) has launched an investigation under the Special Import Measures Act, focusing on corrosion-resistant steel imports from the Turkish steel producer Borcelik. The investigation…
Iron ore futures fell on Friday as concerns over weak steel demand continued to pressure the steelmaking raw material market. Iron ore futures posted gains earlier this week supported by short-term demand as steel…
India's finished steel imports from China hit a record high in the first seven months of the current financial year, with shipments reaching 1.7 mln tons from April to October, up 35.4pct YoY, according to provisional…
Iron ore futures fell on Thursday as market attention shifted to demand fundamentals and growing concerns that Beijing might not deliver stronger stimulus measures. Investor sentiment turned cautious following Chinese…
Iron ore futures rose on Wednesday as markets anticipated additional stimulus measures from Beijing, despite lingering demand concerns. Market expectations are high for additional stimulus measures ahead of the annual…
South African steel producer, Scaw Metals has successfully produced its first slabs and coils at its new hot-strip mill complex in Johannesburg. This brownfield investment aims to expand the company's product portfolio…
Iron ore futures climbed on Friday, supported by restocking activity and anticipation of further economic stimulus. Chinese steel mills increased their iron ore inventories to prepare for potential disruptions during…
Iron ore futures remained unchanged on Thursday, reflecting cautious sentiment in the market despite firm near-term demand. Restocking by Chinese steel mills ahead of winter continues to provide support for prices…
SAIL (Steel Authority of India) has signed a Memorandum of Understanding (MoU) with John Cockerill India, an industrial equipment supplier, to explore joint initiatives aimed at advancing solutions for the steel…
Egypt's Ezz Steel announced that a transformer at Meltshop No. 2 of its subsidiary, Ezz Flat Steel Company in Suez, has suffered a significant malfunction, according to the company's stock exchange filing. The…
Iron ore futures rose on Wednesday as Chinese steel mills increased restocking efforts ahead of the winter season, partially offsetting the weak steel demand outlook. The market also anticipates potential policy…
Iron ore futures rose slightly on Tuesday, supported by restocking activities from Chinese steel mills ahead of potential winter logistics disruptions. However, gains were limited by a weak outlook for steel demand and…
Iron ore futures rose on Monday, buoyed by restocking activities as steel mills prepared for potential winter disruptions and the upcoming February holiday. This proactive inventory replenishment provided some support…
Iron ore futures fell on Friday, reflecting cautious sentiment about the long-term demand outlook despite steady near-term demand. The decline comes after iron ore prices had risen in the previous four sessions…
Iron ore futures edged higher on Thursday, supported by restocking demand despite lingering uncertainty about demand. Steel mills have started replenishing inventories ahead of potential winter disruptions and the…
Iron ore futures extended gains for the third consecutive session on Wednesday, driven by expectations of economic stimulus. However, gains were capped by concerns over demand. Following Shanghai's recent relaxation of…
Iron ore futures climbed on Tuesday, buoyed by market optimism over potential additional stimulus measures. Positive sentiment was sparked by a press briefing from China's top economic planner, which raised expectations…
SSAB, a global leader in high-strength steel, has expanded its Strenx Certified Fabricator program to the United Kingdom by appointing MTL Advanced Ltd. in Rotherham as its newest member. This exclusive initiative…
“Premium Content” marks a news item that needs a subscription to read in full.
