ArcelorMittal reported net income of USD 3.15 bln in 2025, up sharply from USD 1.33 bln a year earlier, despite weaker steel prices and lower production. The company said the improvement in earnings was largely driven…
Chinese exports of steel billets to the Gulf Cooperation Council (GCC) strengthened markedly in 2025, with the region accounting for a growing share of China's total billet exports, customs data showed. Based on exports…
Turkey imported 18.7 mln tons of ferrous scrap in 2025, marking a 6.5pct YoY decline, according to data from the Turkish Statistical Institute (TUIK). The United States remained Turkey's largest scrap supplier…
The U.S. Department of Commerce has issued a final affirmative determination of circumvention in its investigation of circular welded carbon steel pipe (CWP) produced in Oman using Chinese-origin HR steel, Commerce said…
Turkey's steel sector closed 2025 with higher exports and production, supported by a recovery in domestic consumption in the second half, despite rising financing costs, aggressive import competition and mounting…
Turkey's scrap import prices remained unchanged this week as weak finished steel demand continued to curb buying appetite among steelmakers. Scrap import prices were assessed stable at USD 370-375 per ton CFR. Turkish…
Morocco's Ministry of Industry and Trade has launched a review investigation to assess whether the safeguard measure on imports of hot-rolled flat steel products should be extended. The move follows a request submitted…
India and the European Union have concluded a long-delayed Free Trade Agreement (FTA), a major step expected to reshape bilateral trade flows, including steel, though Europe's carbon border regime will continue to limit…
Ezz Steel, Egypt's largest steelmaker, is considering investment projects of around USD 1.1 bln over the next two years to expand production capacity, despite headwinds from global protectionist measures, its chief…
JSW Steel reported a sharp rise in earnings for Q3 FY26 ended 31 December 2025, supported by higher volumes and lower input costs. The company posted a consolidated net profit of INR 2,410 crore (USD 262.6 mln)…
Turkey's imported scrap market remained firm but largely sideways this week, with prices assessed unchanged at USD 370-375 per ton CFR, as tight supply conditions offset cautious buying by Turkish steel mills. Scrap…
The U.S. Department of Commerce has decided to impose a 29.51pct countervailing duty (CVD) on imports of steel reinforcing bars (rebar) from Egypt, citing preliminary findings that Egyptian producers and exporters…
Chinese-origin HR steel imports into the UAE declined in 2025, with shipments totaling 2.52 mln tons, down 16.6pct YoY from 3.03 mln tons in 2024, according to customs data. The decline coincided with generally softer…
Tosyali Holding chief executive Fuat Tosyali said the European Union should reassess its steel import quota regime to allow greater access for low-emission, upstream producers, including Turkey and Algeria, arguing this…
Turkey exported around 2.65 mln tons of HRC in the first eleven months of 2025, up 27pct YoY, according to data from the Turkish Statistical Institute (TUIK). Italy was the largest destination, importing 773,400 tons…
Turkey's imported scrap prices firmed this week, with assessments rising to around USD 370-375 per ton CFR, compared with USD 370 per ton previously. The uptick came despite subdued buying activity, as sellers…
The value of Egypt's iron and steel exports declined 18pct YoY to USD 1.71 bln in the first eleven months of 2025, despite shipments reaching 87 countries, according to the Export Council for Building Materials. Turkey…
China's steel exports and iron ore imports reached all-time highs in 2025, intensifying global trade tensions and prompting several importing countries to adopt more protectionist measures. Data from the General…
Turkey imported 3.63 mln tons of HRC in the first eleven months of 2025, up 10pct YoY, according to data from the Turkish Statistical Institute (TUIK). China remained the largest supplier with 1.3 mln tons, followed by…
Turkey exported 3.7 mln tons of rebar in the first eleven months of 2025, up 20pct YoY, according to data from the Turkish Statistical Institute (TUIK). Yemen remained the largest export destination, absorbing 614,200…