Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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India's Vraj Iron and Steel Limited has approved plans to establish a new rolling mill at its Bilaspur unit for the production of TMT bars, with an installed capacity of 150,000 tons per annum, the company said in a…
DWK Drahtwerk Koln GmbH, a subsidiary of Saarstahl AG, has expanded its long-standing cooperation with Max Bogl Wind AG, strengthening the supply of prestressing steel wire for hybrid wind tower construction. Under the…
Emirates Steel, a subsidiary of EMSTEEL Group, has raised its rebar prices for March production. The company increased rebar prices by AED 73 (USD 20) per ton, taking the new price to AED 2,721 (USD 741) per ton EXW…
Dalian iron ore futures resumed trading on a weaker note after the holiday break, extending the bearish trend seen before the Chinese New Year holidays. Higher iron ore inventories at major Chinese ports and rising…
Turkey's scrap import market remained under pressure this week as Turkish steel mills continued to curb buying amid weak finished steel demand, while suppliers held firm on prices due to tight availability and higher…
Al Jazeera Steel Products Co. SAOG reported a strong improvement in profitability for the fiscal year ended 31 December 2025, according to its audited financial results. The company's net profit rose 35pct YoY to OMR…
Mukand Limited, part of the Bajaj Group, has been awarded Green Steel certification by the National Institute of Secondary Steel Technology (NISST) under India's new Green Steel Taxonomy. The certification recognizes…
Erdemir Group, one of Turkey's leading steelmakers, reported a steep decline in profitability in 2025, according to its latest financial results. The company's net profit fell sharply to TRY 694.3 mln (USD 15.8 mln)…
Bildco Reinforcing Steel Services, a subsidiary of Abu Dhabi National Building Materials Company, has signed a five-year joint management and operation agreement with CIEC Group to operate and upgrade its cut and bend…
Kardemir has announced new prices for rebar and wire rod in its latest sales round. According to the updated list, 12-32 mm rebar is offered at TRY 23,835 (USD 545) per ton EXW, slightly lower than TRY 23,915 (USD 551)…
Yamato Steel Co. Ltd. has awarded a contract to SMS group to modernize its section mill in Himeji, Japan, as part of efforts to enhance product quality and operational efficiency. The project involves replacing the…
Azizi Developments said its industrial arm, Azizi Industries, has signed the main technology contract for a greenfield rebar rolling mill to be built at Khalifa Economic Zones Abu Dhabi (KEZAD), marking the group's…
Beco Steel Limited has begun finalizing a funding arrangement with its UAE-based sister company, Beco Steel Ferrous and Non-Ferrous Metal Trading LLC, to support its ongoing solar power project. Beco Steel said the…
Jairaj Group has recorded record operating performance at its Kurnool plant in India, where the Danieli-supplied MIDA QLP line has exceeded its nameplate design parameters. The project marks the first MIDA installation…
Lebanon's steel imports rose sharply in 2025, driven by higher inflows of rebar, hot-rolled and coated steel, according to data from Lebanese Customs. Total steel imports reached around 856,000 tons in 2025, up from…
Nervacero, part of Celsa Group, has selected Fives to upgrade the energy efficiency of its reheating furnace at the Vizcaya plant in Spain, aiming to improve operational performance and reduce carbon emissions. The…
Turkey's scrap import prices remained unchanged this week as buying activity by Turkish steel mills stayed limited amid weak finished steel demand. Scrap import prices were assessed steady at USD 370-375 per ton CFR…
The UAE Ministry of Foreign Trade has held its first public hearing as part of the UAE's inaugural anti-dumping investigation into imports of heavy steel sections from China. Michael Rion, Chief Commercial Officer at…
Iron ore futures fell during pre-holiday trading on Friday, as weak demand fundamentals continued to weigh on market sentiment. Trading activity has thinned sharply ahead of China's week-long holiday starting next week…
Magnitogorsk Iron and Steel Works (MMK) has started producing heat-strengthened, weldable reinforcement bars of strength class A600C, in line with the requirements of GOST 34028. Conformity of A600C rebar with a…
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