Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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909 news items in Import / Export. Show all
Turkey's crude steel production rose 9.4pct in 2024 to 36.9 mln tons, according to the Turkish Steel Producers' Association (TCUD), maintaining its position as the world's 8th largest producer. However, output in…
Turkey's Steel Exporters' Association (CIB) Chairman, Adnan Aslan, stated that Turkey could export up to 2 mln tons of steel to Syria as post-war reconstruction boosts demand. Currently, shipments remain at 200,000…
Pakistan's Federal Board of Revenue (FBR) has extended the regulatory duty on certain flat steel imports until March 31, 2025, to support the local steel industry. The decision follows recommendations from the Tariff…
The Libyan Iron and Steel Company (LISCO) has announced the continuation of its exports to international markets. The company recently began shipping 8,000 tons of rebar aboard the vessel SNAPPER, destined for Lebanon…
India remained a net importer of steel in the first nine months of FY25 (April-December), as imports continued to outpace exports, according to a Union Steel Ministry report. Total steel imports during the period stood…
Egypt's Ezz Steel has received shareholder approval to voluntarily delist from the Egyptian Exchange (EGX), according to a stock exchange filing. The company will buy shares from dissenting or unwilling shareholders…
Jindal Stainless reported a 5.3pct YoY decline in consolidated net profit for the October-December quarter (Q3FY25), with profit falling to INR 654 crore (USD 75.5 mln) from INR 691 crore in the same period last year…
In 2024, Pakistan experienced a modest recovery in annual scrap imports, though volumes remained relatively low, according to data from the Pakistan Bureau of Statistics. The country imported 2.66 mln tons of scrap…
In 2024, Pakistan's finished steel imports rebounded from an 8-year low in 2023, according to data from the Pakistan Bureau of Statistics (PBS). The country imported 2.93 mln tons of finished steel last year, a 17.6pct…
Preliminary data from the U.S. Census Bureau, reported by the American Iron and Steel Institute (AISI), reveals that U.S. steel imports totaled 28.85 mln tons in 2024, a 2.5pct increase YoY. Finished steel imports rose…
Turkey's scrap import prices climbed this week, driven by fresh bookings from Turkish steel mills. Prices were assessed at USD 330-340 per ton CFR, up from USD 325-335 per ton CFR last week. The rise was supported by…
Turkey exported approximately 1.87 mln tons of welded steel pipes during the first eleven months of 2024, an 8pct increase compared to the same period in 2023, according to data from the Turkish Statistical Institute…
Steel Dynamics, Inc. announced its financial results for the fourth quarter and full year of 2024, reporting Q4 net sales of USD 3.9 bln and net income of USD 207 mln. This marks a decline from Q3 2024 net income of USD…
The Secretary of State for Business and Trade has accepted the Trade Remedies Authority (TRA)'s recommendation to revoke the safeguard measure on Category 2 steel products, including non-alloy and alloy cold-rolled…
Egyptian long steel producer El Marakby Steel has received technical approval for rebar exports to Brazil from the Falcao Bauer Quality Institute, the company announced in a statement. The certification confirms El…
Hyundai Steel, South Korea's second-largest steelmaker, sold over 1 mln tons of automotive steel sheets to non-affiliated foreign automakers in 2024, marking a significant milestone, Ked Global reported. The company…
Algerian Qatari Steel (AQS), located in the Bellara industrial zone in El Milia, Jijel, exported nearly 700,000 tons of steel products in 2024, generating over USD 360 mln, according to Deputy General Manager Sofiane…
Turkey imported approximately 1.23 mln tons of pig iron in the first eleven months of 2024, marking a decline of over 3pct compared to the same period in 2023, according to data from the Turkish Statistical Institute…
Turkey imported 9.08 mln tons of iron ore in the first 11 months of 2024, a 14pct increase compared to the same period in the previous year, according to the Turkish Statistical Institute (TUIK). Brazil remained…
India remained a net importer of steel during the first nine months of FY25 (April-December), with imports nearly doubling exports. According to an internal report from the Steel Ministry, steel imports surged by over…
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