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
Turkish steelmaker Kardemir has released its sales allocation plan for Q4 2025, adjusting its product mix by cutting billet allocations while increasing profile volumes, compared to the previous quarter. Rebar and wire…
Amreli Steels, one of Pakistan's leading steelmakers, reported a 37pct YoY reduction in losses for the fiscal year ending June 30, 2025. The company posted a net loss of PKR 3.81 bln (USD 13.45 mln), compared with PKR…
Iron ore futures rose slightly on Thursday, supported by restocking demand ahead of China's National Day holidays (October 1-8), though the longer-term outlook remains bearish. Chinese steel mills continue to replenish…
Iron ore futures were flat on Wednesday as an uncertain demand outlook weighed on sentiment. The market continues to draw some support from restocking ahead of China's October holidays and higher steel production in…
Turkish steelmaker Isik Celik has commissioned a new medium section rolling mill at its Karabuk facility, equipment supplier Germaksan & Germuhendislik said. The launch followed successful hot tests, with parent company…
Iron ore futures fell on Tuesday as weak steel demand weighed on market sentiment. Pre-holiday restocking ahead of China's early October holidays provided some support, but sluggish steel consumption and high production…
Emirates Steel, a subsidiary of EMSTEEL Group, has kept its rebar prices unchanged for October production. The company's rebar will remain at AED 2,590 (USD 705) per ton on an EXW basis. The above prices exclude the…
Turkey exported around 579,700 tons of wire rod in the first seven months of 2025, a 1.2pct YoY increase, according to data from the Turkish Statistical Institute (TUIK). Romania was the top buyer with 221,300 tons…
Iran exported 1.44 mln tons of finished steel products in the first five months of the Iranian year to August 22, down 7pct YoY, according to the Iranian Steel Producers Association (ISPA). Exports of long steel…
Iron ore futures rose on Monday, supported by restocking demand from Chinese steel mills ahead of the October holidays and firm steel production levels. Commodity markets also expect additional policy support as Beijing…
Turkey's scrap import prices fell this week, pressured by weak steel demand. Prices were assessed at USD 330-335 per ton CFR, down from USD 335-345 per ton CFR last week. Buying activity remains subdued, with mills…
Iron ore futures climbed on Friday, supported by restocking demand ahead of the October holidays and higher steel production levels. Analysts noted that these factors are underpinning near-term demand for iron ore…
Iron ore futures slipped on Thursday as uncertainty over demand persisted. While restocking by Chinese steel mills ahead of the October holidays and expectations of stronger steel demand provided some support, concerns…
Turkish steelmaker Kardemir has opened a new sales round for rebar and wire rod, according to its latest price list. Rebar was set at TRY 22,475 per ton (USD 544), slightly higher than TRY 22,455 per ton (USD 547) in…
Iron ore futures remained range-bound on Wednesday as demand concerns weighed on sentiment. Iron ore consumption was supported by Chinese steel mills boosting output after Tangshan lifted environmental curbs, along with…
Asas Steel FZC has been reinstated to the CARES Steel for the Reinforcement of Concrete (SRC) Scheme after auditors completed a full reassessment of its operations. The UAE-based rebar producer was suspended earlier…
Iron ore futures rebounded on Tuesday, supported by firm near-term demand, though concerns about the outlook persist. Daily crude steel production at China Iron and Steel Association (CISA) member mills averaged 2.08…
Tokyo Steel, Japan's leading electric arc furnace (EAF) steelmaker, has announced price cuts for October sales under its latest monthly policy. For flat products, HRC (1.7-22 mm) and pickled and oiled coil (1.7-6 mm)…
Iron ore futures declined on Monday as weak economic data dampened market sentiment, though firm near-term fundamentals helped limit losses. China's economy showed further strain in August, with sluggish domestic demand…
Turkey's scrap import prices held largely stable this week at USD 335-345 per ton CFR, edging down slightly from USD 337-345 per ton CFR a week earlier, as limited buying activity continued. With finished steel demand…
“Premium Content” marks a news item that needs a subscription to read in full.
