Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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The U.S. Department of Commerce has decided to impose a 29.51pct countervailing duty (CVD) on imports of steel reinforcing bars (rebar) from Egypt, citing preliminary findings that Egyptian producers and exporters…
Iron ore futures rose on Friday, supported by pre-holiday restocking by Chinese steel mills, although concerns over rising supply are expected to limit further upside. Steelmakers increased inquiries and procurement…
UAE's EMSTEEL has supplied steel sheet piles for the redevelopment of Pendleton House in Salford, UK, a listed landmark being transformed into 88 affordable homes, in partnership with Sheet Piling (UK) Limited. The…
Iron ore futures inched higher on Thursday, supported by China's latest fiscal stimulus measures, although gains remained limited amid continued concerns over rising supply. Iron ore futures found some support after…
Lodhia Industries has signed a contract with Danieli for the supply of a state-of-the-art bar and wire-rod rolling mill complex in Tanzania, marking a major investment to expand steelmaking capacity in East Africa. The…
Turkey's leading steel producer Kardemir has lowered prices for steel sections, according to its latest price list. Prices for IPE-NPU sections in sizes 180-550 mm were reduced by USD 10-15 per ton to USD 665-750 per…
Iron ore futures extended losses on Wednesday, marking a fifth consecutive session of declines, as rising supply and lingering demand concerns continued to weigh on market sentiment. Supply-side pressure intensified…
Qatar has implemented a hike in customs duties on imports of non-alloy rebar and wire rod to 10pct from the previous 5pct, according to Emiri Decree No. (117) of 2025 published in the Official Gazette in January 2026…
Iron ore futures fell on Tuesday as market sentiment weakened following a fatal accident at a Chinese steel plant, raising concerns over tighter safety inspections and their potential impact on steel production. An…
Iron ore futures fell on Monday as soft economic data and lingering weakness in China's property sector continued to weigh on market sentiment, alongside lower steel production figures for last year. Data from the…
Tokyo Steel, Japan's leading electric arc furnace (EAF) steelmaker, has decided to maintain all product prices for January sales under its latest monthly pricing policy. HRC (1.7-22 mm) remains at JPY 86,000 (USD 545)…
Turkey's imported scrap prices firmed this week, with assessments rising to around USD 370-375 per ton CFR, compared with USD 370 per ton previously. The uptick came despite subdued buying activity, as sellers…
EMSTEEL has expanded cooperation with Emirati real estate developers by signing a strategic memorandum of understanding with MERED to evaluate and deploy high-strength reinforcement steel in property developments. The…
Iron ore futures declined on Friday as rising inventories at major Chinese ports weighed on market sentiment, although expectations of improved demand helped limit losses. Port stocks continued to build as tight…
UAE-based Arabian Gulf Steel Industries (AGSI) has completed both cold and hot trials at its new rolling mill, HRM 3, located at ICAD II in Abu Dhabi. The mill is now in the final stages of commissioning and…
EMSTEEL and Modon have signed a strategic memorandum of understanding to explore potential collaboration on steel solutions for future developments. The partnership will assess innovative, high-yield and sustainable…
Iron ore futures declined on Thursday as market sentiment remained cautious, with expectations of improving demand yet to fully materialize. Higher iron ore inventories at major Chinese ports, rising global supply, and…
Tonghua Iron and Steel (Tonggang) has completed a ladle furnace upgrade at its Jilin Province site, with Primetals Technologies supplying and commissioning a new set of three-phase copper-clad electrode arms. The…
Australian steelmaker InfraBuild has upgraded the electrical protection system at its Laverton steelworks in Victoria with the installation of two ABB VD4-AF vacuum circuit breakers to provide backup for its main…
Turkish steelmaker Kardemir has lowered wire rod prices in its latest sales round, according to the company's updated price list. Kardemir is now offering 5.5 mm SAE 1006 grade wire rod at USD 597 per ton EXW, while 5.5…
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