Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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1,605 news items in Long. Show all
Saudi steel producer Hadeed has kept its domestic rebar and wire rod prices unchanged for October. The company's rebar in 12-32 mm sizes is offered at SAR 2,800 (USD 746) per ton CPT Riyadh, while 7-12 mm wire rod is…
Turkish steel producer Kardemir has announced its planned sales volumes for Q4 2026, increasing billet allocations while reducing volumes for rebar, wire rod and profiles compared with Q3. Billet allocations have been…
EMSTEEL Group is expanding the use of artificial intelligence (AI), automation and data analytics across its industrial operations in the UAE to improve productivity, operational efficiency, safety and sustainability…
Brunton Wire Ropes has switched its Jebel Ali Free Zone factory in Dubai to solar power through a capital expenditure-free agreement with regional renewable energy provider X-NOOR. The on-grid solar installation is…
China's iron ore futures edged higher on Wednesday as the country's manufacturing sector returned to growth in September, although weak steel demand and cautious mill procurement continued to limit gains. China's…
China's iron ore futures fell further on Tuesday as weak steel continued to weigh on prices, while pre-holiday restocking provided limited support. Market participants said narrowing steel mill margins and subdued iron…
The US Department of Commerce has issued a countervailing duty (CVD) order on rebar imports from Egypt, with a 23.27 pct net countervailable subsidy rate applied to the Ezz Group and all other Egyptian exporters. The…
China's iron ore futures fell on Monday as pre-holiday restocking demand weakened, while weak steel demand continued to weigh on the market. Market insiders said pre-holiday restocking has largely run its course…
Kazakhstan's Qarmet JSC has awarded POMINI Long Rolling Mills a contract to upgrade its rolling mill in Temirtau, Karaganda region. The rolling mill, installed by Siemens VAI in the early 2000s, currently produces…
Turkey's scrap import prices remained largely unchanged this week, although Turkish mills have become more cautious about further purchases amid slower finished steel sales. MESTEEL assessed HMS 1&2 (80:20) at USD 400…
Pakistan's Agha Steel Industries reported a loss after taxation of PKR 4.74 bln (USD 17.1 mln) for the financial year ended June 30, 2026, compared with a loss of PKR 7.21 bln (USD 25.9 mln) a year earlier. The…
China's iron ore futures were largely unchanged on Thursday as expectations of tighter Brazilian supply and high freight rates were offset by weakening steel demand and high iron ore inventories at Chinese ports. Market…
Hoa Phat Group has completed nearly 70pct of construction of its Dung Quat rail and special steel production plant in Vietnam, with work now focused on completing the factory structure and installing technological…
Egyptian rebar prices are set to rise in October, with local media and market sources reporting that Ezz Steel and other major producers plan to increase domestic prices from October 1, following several months of…
UAE steel exports to the US fell 38.3pct YoY to 129,626 tons in Jan-Jul 2026, with shipments dropping sharply from April as disruptions to Gulf shipping affected cargo movements and raised freight costs. UAE exports had…
Egyptian steel re-roller Metad Helwan for Metal Rolling plans to list a 15-30pct stake on the Egyptian Exchange (EGX) in the second half of 2027, with the company targeting proceeds of around EGP 1 bln (USD 19.45 mln)…
China's iron ore futures edged higher on Wednesday as concerns over Brazilian supply provided support, although weakening steel mill profitability and expectations of lower steel output limited the upside. Market…
UAE's Emirates Steel, part of EMSTEEL Group, has kept its rebar prices unchanged for October production, marking the third consecutive month of price rollover. The company maintained its price for 12-32 mm rebar at AED…
Chinese steel exports to GCC countries declined to approximately 817,300 tons in August 2026, down 7.6 pct YoY and 19.2 pct from July, as prolonged logistics disruptions continued to weigh on regional steel trade…
EMSTEEL has supplied low-carbon steel sheet piles for a UK highway expansion project, with more than 1,100 tons of its GreenSheetPile ESZ section sheet piles installed as permanent retaining walls. Sheet Piling (UK)…
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