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
1,358 news items in Flat. Show all
Iron ore futures recorded gains on Thursday, driven by the anticipation of additional stimulus measures aimed at bolstering the country's post-COVID economic recovery. However, concerns persist regarding the demand…
According to provisional government data, India's import of finished steel reached its highest level since 2021, totaling 0.9 mln tons in April and May. This marked a significant increase of 27pct compared to the same…
Brazilian steel producer Usiminas has recently granted the provisional acceptance certificate (PAC) to Primetals Technologies for the modernization of Usiminas’ welding machine at a steel plant in the city of Ipatinga…
Dalian iron ore futures experienced a slight uptick on Wednesday, however, the overall outlook remains uncertain due to several factors, including the ongoing Tangshan output curbs and a weakening demand for steel…
Blastr Green Steel AS, a prominent developer of ultra-low CO2 steel products, and Cargill, a leading player in the global ferrous supply chain, have recently signed a strategic framework agreement. This agreement…
US Steel Kosice has recently completed a comprehensive one-year testing phase of the latest Danieli UHP hard-faced pinch rolls, which are deployed in the downcoiler area of the hot-strip mill located in Kosice…
According to data from the Turkish Statistical Institute (TUIK), Turkey witnessed a significant 72 pct increase in HRC imports in May, totaling 589,174 tons. The surge in imports was primarily driven by a sharp increase…
Shanghai steel futures continued their upward trend on Tuesday, driven by ongoing production restrictions in Tangshan, China's leading steelmaking city. Tangshan has instructed steel mills to limit their steel and…
Vietnamese steel producer, Hoa Phat has successfully commenced operations at its upgraded QSP plant in Dung Quat. The expansion project, conducted by Danieli, focused on enhancing the existing Danieli QSP - Quality…
ArcelorMittal, the world’s leading steel and mining company, and Snop, a major tier-one European automotive supplier, have signed a sustainability-focused memorandum of understanding (MoU) at Snop’s headquarters in…
Vulcan Steel, owned by industrialist Naveen Jindal, is engaging in discussions with multiple export credit agencies (ECAs) to secure USD 2.5 bln in funding for its upcoming environmentally-friendly steel plant in Oman…
The Dalian iron ore futures experienced a decrease on Monday as reports emerged regarding Tangshan ordered steel mills to reduce production in order to combat air pollution According to the reports, Tangshan, a major…
ABB has been appointed to provide electrification and automation systems for ArcelorMittal Nippon Steel India’s (AM/NS India) advanced steel cold rolling mill (CRM) in Hazira, Gujarat. The contract at the flagship…
India’s NMDC Steel Limited (NSL) has commenced trial production of HRC from its rolling mill. The NSL team, along with MECON and technology provider Danieli, successfully completed integrated trial runs by utilizing…
The UK government has announced its decision to maintain the anti-dumping measure on heavy plate steel imports from China, as recommended by the Trade Remedies Authority (TRA). This measure will remain in place for an…
Tata Steel UK has achieved a significant milestone in its decarbonisation journey after delivering its first Optemis Carbon Lite steel to infrastructure supplier, Boecker Stahl-Service. The 22-ton hot dip galvanised…
Turkish steel exports to the GCC region experienced a mixed performance in May 2023. While Turkish steel exports to Saudi Arabia declined, there was a notable increase in exports to the UAE and Qatar. In May 2023, the…
Dalian iron ore futures witnessed a drop in Monday's post-holiday trade as weak steel demand overshadowed the rise in steel output China's daily crude steel output reached 2.95 mln tons from June 11 to 20, a 1.11pct…
According to data from the Steel Ministry, several key export markets for India's steel, including Vietnam, Italy, Spain, Belgium, UAE, and others, either reduced their orders or maintained them at the same level in May…
Iranian finished steel consumption witnessed a 0.5pct YoY increase during the first two months of the current Iranian year (March 21-May 21), reaching 3.59 mln tons for finished products, according to the Iranian Steel…
“Premium Content” marks a news item that needs a subscription to read in full.
