Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
Got a story for the Middle East steel market? Submit news
1,610 news items in Long. Show all
UAE's Emirates Building Systems (EBS), a wholly owned subsidiary of Dubai Investments PJSC, has commissioned a new high-capacity roll bending machine as part of efforts to enhance its structural steel fabrication…
Iron ore futures fell on Monday as softening fundamentals ahead of the Chinese New Year holidays dampened market sentiment. Rising iron ore inventories at major Chinese ports and slower restocking activity are expected…
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…
Jindal Steel Sohar, formerly Jindal Shadeed Iron and Steel and part of Jindal Steel Oman, reported a world record monthly rebar production of 158,460 tons in December 2025, achieved with zero safety incidents. The…
Iron ore futures remained under pressure on Friday as market sentiment stayed cautious amid rising supply and record-high inventories. Iron ore stockpiles at major Chinese ports have reportedly climbed to around 170 mln…
Voestalpine has agreed to sell voestalpine Bohler Profil to Kadant Inc. as part of its ongoing streamlining of the High Performance Metals division, the company said. The transaction has been signed and is subject to…
Turkish steelmaker Kardemir has launched a new rebar sales round, offering lower prices compared with its previous round in November. Under the latest price list, rebar in 12-32 mm sizes is offered at TRY 23,915 (USD…
Iron ore futures rose on Thursday as expectations of a near-term recovery in steel demand improved market sentiment ahead of the Lunar New Year holidays, although broader demand concerns persisted. Market sources said…
Tata Steel has successfully integrated Kocks' RSB 370++/4(5) Reducing & Sizing Block at its new special bar quality (SBQ) and wire rod mill in Jamshedpur, India. Installed as the finishing unit after a reversing mill…
Turkish steel producer Koc Metalurji announced a temporary production shutdown at its steel mill in Osmaniye as part of planned maintenance and efficiency improvement works. The shutdown is scheduled to last around 15…
Iron ore futures extended losses on Wednesday as weak steel demand and rising supply continued to weigh on market sentiment. Fundamentals remain under pressure amid record-high iron ore inventories at Chinese ports and…
EMSTEEL, the UAE's largest steel and building materials producer, has sold its non-core Anabeeb division to Khansaheb Group, as part of a strategy to streamline its portfolio and focus on core operations. The…
Dana Gas and Crescent Petroleum, together with partners in the Pearl Petroleum Consortium, have signed long-term Gas Sales Agreements (GSAs) to supply natural gas to major industrial users, with steel production a key…
Iron ore futures extended losses on Tuesday as the market remained cautious amid rising supply and subdued steel demand. Iron ore prices continued to face pressure from record-high inventories at major Chinese ports…
Algoma Steel Group has entered into a binding memorandum of understanding (MOU) with Hanwha Ocean to establish a long-term strategic arrangement linked to Canada's Patrol Submarine Project (CPSP). The proposed…
Saudi Iron and Steel Company (Hadeed) has increased prices for its long steel products for February sales. Rebar prices for 12-32 mm sizes were raised by SAR 70 (USD 19) to SAR 2,260 (USD 603) per ton, while wire rod…
Mughal Iron & Steel Industries Limited (Mughal Steel) has retained its long-term 'A+' and short-term 'A1' entity ratings, with a stable outlook, according to VIS Credit Rating Company. VIS cited Mughal Steel's strong…
Iron ore futures remained subdued on Monday as oversupply pressure continued to weigh on market sentiment. Rising global supply, together with high iron ore inventories at major Chinese ports, kept the market under…
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…
Emirates Steel, a subsidiary of EMSTEEL Group, has kept its rebar prices unchanged for February production. The company maintained its rebar price at AED 2,648 (USD 721) per ton EXW, excluding 5pct VAT. Headquartered in…
“Premium Content” marks a news item that needs a subscription to read in full.
