Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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Turkish steel producer Kocaer Celik reported record-high production and sales volumes for the 2025 fiscal year, according to a stock exchange filing. The company's total steel production rose 26pct YoY to 648,105 tons…
UAE's RACS Quality Certificates Issuing Services LLC is now fully authorized by Ministry of Industry and Advanced Technology (MOIAT) to provide Emirates Conformity Assessment Scheme (ECAS) and Emirates Quality Mark…
Iron ore futures edged higher on Wednesday, supported by record Chinese steel export and iron ore import data, although overall market sentiment remained cautious. Data from the General Administration of Customs showed…
Iron ore futures edged lower on Tuesday as market sentiment remained cautious, although near-term factors helped limit losses. Higher portside inventories in China, rising global iron ore supply and slow steel demand…
Turkey exported 3.7 mln tons of rebar in the first eleven months of 2025, up 20pct YoY, according to data from the Turkish Statistical Institute (TUIK). Yemen remained the largest export destination, absorbing 614,200…
UAE-based steelmaker Arabian Gulf Steel Industries (AGSI) has been named among a small group of parties expressing interest in acquiring Speciality Steels UK (SSUK), formerly owned by Liberty Steel, according to a…
Iron ore futures advanced on Monday after Beijing signalled fresh policy support to boost domestic demand. Chinese Premier Li Qiang chaired a State Council executive meeting that outlined coordinated fiscal and…
Kurum International has awarded Danieli a contract to supply a new MIDA (Micromill Danieli) plant in Elbasan, marking the first greenfield MIDA installation in Europe. The MIDA-QLP (Quality Long Products) plant will…
Turkey's scrap import prices inched higher this week, with assessments rising to around USD 370 per ton CFR, compared with USD 360-370 per ton last week. The firming trend was driven mainly by a strong stance from…
Turkey exported 830,400 tons of wire rod in the first eleven months of 2025, up 4.76pct YoY, according to data from the Turkish Statistical Institute (TUIK). Romania remained the largest export destination, receiving…
Dalian iron ore futures edged lower on Friday, pressured by rising inventories at major Chinese ports and a slight increase in finished steel stocks at key warehouses. However, losses were limited by expectations of…
Turkish steelmaker Kardemir has opened a new sales round for rebar, according to its latest price list. The company offered rebar in 12-32 mm sizes at TRY 24,100 (USD 560) per ton EXW, compared with TRY 24,450 (USD 576)…
Iron ore futures retreated on Thursday, with weaker steel production data and the sharp rally earlier in the week dampening spot-market buying. Iron ore futures had climbed in recent sessions on expectations of a…
Italian steelmaker Pittini Group has awarded Danieli a contract to modernize the rolling mill at its SiderPotenza plant in Potenza. The project aims to improve production efficiency while reducing billet reheating gas…
Iron ore futures rallied sharply on Wednesday after Beijing reaffirmed its commitment to maintaining a moderately loose monetary policy in 2026. China's central bank said it would continue to ensure ample liquidity…
Egyptian steelmaker Elmarakby Steel plans to invest EGP 1 bln (USD 21.15 mln) to expand its product portfolio, according to local media reports. The investment will fund a new plant in the industrial zone of New October…
Iron ore futures extended gains on Tuesday, supported by improving market sentiment and expectations of stronger near-term demand. Prices were underpinned by the likelihood of a rebound in Chinese steel output as…
Vietnamese steelmaker Hoa Phat Group has selected Danieli to supply a new long-products rolling mill and a four-strand continuous casting machine to be installed in Tay Ninh province. The new facility, with a designed…
Iron ore futures posted modest gains in the first trading session of 2026, supported by short-term factors, although underlying market fundamentals remained fragile. Prices were underpinned by the resumption of…
Turkey's steel market in 2025 was shaped above all by scrap price behaviour and margin discipline, with developments in billet imports, production levels, and Turkish long steel export offers reinforcing a market…
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