Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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907 news items in Import / Export. Show all
South Africa's International Trade Administration Commission (ITAC) has made a preliminary determination that imports of colour-coated steel from China are being dumped into the Southern African Customs Union (SACU)…
Mexico's Ministry of Economy has initiated an antidumping investigation into imports of carbon steel plate from Japan following an application from Mexican producer Grupo Acerero, according to a notice published in the…
The US Court of International Trade (CIT) has issued a final judgment resulting in an increase in the antidumping duty margin for Universal Tube and Plastic Industries Ltd. and its related entities, following a review…
Asian HRC prices have strengthened in recent weeks, supported by rising raw material costs in China and expectations of improving seasonal demand, although buying interest remains cautious in several markets. In China…
Turkey's scrap import prices remained broadly stable this week, with Turkish mills maintaining a cautious purchasing approach. MESTEEL assessed HMS 1&2 (80:20) at USD 375 per ton CFR Turkey, unchanged week-on-week…
Turkey's steel product exports remained firm in the first seven months of 2026, while domestic finished steel consumption declined in July, according to data from the Turkish Steel Producers Association (TCUD). In July…
The GCC beams market remains subdued amid seasonal weakness in demand, while shipping disruptions and higher freight costs are complicating imported supply. Due to geopolitical tensions and disruptions to seaborne…
The UK government has extended existing anti-dumping duties on certain welded tubes and pipes originating from Belarus and China for another five years, following an expiry review by the Trade Remedies Authority (TRA)…
Pakistan's National Tariff Commission (NTC) has initiated a sunset review of existing anti-dumping duties on cold-rolled (CR) steel imports from the European Union, Vietnam, Taiwan and South Korea. The review follows an…
GCC rebar mills continue to face limited billet availability as vessel delays complicate deliveries into key markets. MESTEEL's August assessment puts UAE billet at USD 640-650 per ton, with buyers in the UAE and Saudi…
India's finished steel production increased 4.7pct YoY to 54.7 mln tons during April-July 2026, according to Ministry of Steel data. Finished steel consumption rose 7.9pct YoY to 56 mln tons during the period…
US President Donald Trump said the United States will impose a 50pct tariff on Canadian steel, automobiles and automotive parts from January 1, 2027, escalating trade tensions after bilateral negotiations collapsed over…
Tata Steel's Llanwern galvanizing plant in South Wales is operating at around half capacity as increased availability of duty-free Asian steel weighs on orders and domestic competitiveness, according to The Guardian…
GCC HRC availability is tightening as shipping disruptions and elevated freight costs make Chinese material increasingly difficult to secure, while Indian mills are gaining interest among UAE buyers. MESTEEL's last week…
China's Baoshan Iron & Steel (Baosteel) reported a 6.3pct YoY decline in net profit attributable to shareholders to 4.57 bln yuan (USD 680 mln) in the first half of 2026, despite a 6.2pct increase in revenue to 160.73…
Turkey's imported scrap prices remained range-bound this week, with Turkish steel mills showing limited buying interest amid weak finished steel demand and cautious purchasing. MESTEEL assessed HMS 1&2 (80:20) at USD…
Pakistan's International Steels Limited (ISL) reported a sharp improvement in profitability in the nine months ended March 2026, supported by higher steel sales, improved capacity utilization and tighter cost controls…
Pakistan's Aisha Steel Mills returned to profitability in FY26, reporting a net profit of PKR 981.1 mln (USD 3.6 mln), compared with a net loss of PKR 1.35 bln a year earlier, supported by higher sales volumes and…
Chinese steel exports to GCC countries declined by 18pct YoY to 4.54 mln tons during the first half of 2026 from 5.54 mln tons a year earlier, according to MEsteel analysis of Chinese customs data covering steel…
Indian steelmakers are seeking to diversify coking coal supplies as higher prices and disruptions in major producing regions increase steelmaking costs, Reuters reported. India imports around 95pct of its coking coal…
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