Turkish long steel producer Diler Holding announced that its bar rolling mill achieved a new monthly production record in May. The company's integrated spooled production line produced 20,231 tons during the month, an…
Iron ore futures inched higher on Monday, supported by encouraging economic data, though the overall demand outlook remains weak. China's retail sales in May grew at their fastest pace since late 2023, boosted by…
Godo Steel has contracted Danieli to modernize its 87-year-old medium-sized bar mill at the Himeji Works in Japan's Kansai region. The mill produces alloyed steel rounds, deformed rounds, and light rails. The upgrade…
ArcelorMittal Distribution Iberia is constructing a new state-of-the-art distribution center at its Villaverde plant in Madrid, a strategic logistics hub for steel distribution, long product processing, and recycling…
Turkey's scrap import prices fell this week, pressured by sluggish steel demand following the Eid holidays. Current scrap import offers are in the range of USD 335-340 per ton CFR, marking a decrease of USD 5-10 per ton…
The U.S. International Trade Commission (USITC) has launched a preliminary anti-dumping and countervailing duty (AD/CVD) investigation into imports of rebar from Egypt, Algeria, Bulgaria, and Vietnam. The probe follows…
Iron ore futures edged lower on Friday as market sentiment was weighed down by a weakening demand outlook. Rising iron ore inventories at major Chinese ports, driven by higher arrivals and slower offtake, added to…
Turkish steelmaker Kardemir has lowered its wire rod prices, according to the company's latest price list. The company's wire rod prices have been reduced by USD 10 per ton as compared to the prices announced on May 14…
Jindal Shadeed Iron & Steel LLC is modernizing its eight-strand Concast continuous billet caster at its facility in Sohar Port, Oman, to meet growing demand from the construction sector. The strategic upgrade further…
Iron ore futures declined on Thursday, as lingering concerns over weak demand overshadowed the positive sentiment sparked by encouraging developments in U.S.-China trade talks. U.S. President Trump commented favorably…
ArcelorMittal Long Products Canada (AMLPC) has announced a restructuring of its wire drawing operations to enhance competitiveness and ensure long-term profitability, particularly in the telecommunications…
Pomini Long Rolling Mills has signed a contract with Mawarid Alkhaleej Company to supply equipment and services for a new rebar rolling mill in Baghdad, Iraq. The company had previously conducted the feasibility study…
Iron ore futures rebounded on Wednesday, supported by renewed optimism in U.S.-China trade talks, although concerns about demand continued to weigh on the market. According to media reports, negotiators from both…
The International Rebar Producers and Exporters Association (Irepas) reports that the global long steel market is structurally oversupplied and overcrowded, with cutthroat competition and razor-thin margins. In the…
Turkey exported approximately 336,400 tons of wire rod in the first four months of 2025, marking a 13.5pct YoY decrease, according to data from the Turkish Statistical Institute (TUIK). Romania emerged as the top…
Iron ore futures fell on Tuesday, weighed down by a bearish demand outlook amid rising shipments and expectations of weakening steel consumption. According to analysts, weekly shipments from key suppliers Australia and…
Turkey exported approximately 1.38 mln tons of rebar between January and April 2025, marking a 27pct increase YoY, according to data from the Turkish Statistical Institute (TUIK). Yemen emerged as the leading…
Turkish steel producer Kardemir reported its highest-ever monthly shipment volumes in May, driven by accelerated production efforts to meet its ambitious 2025 sales target. In May alone, Kardemir shipped 81,326 tons of…
Iron ore futures fell on Monday, pressured by weak economic indicators that dampened market sentiment. China's consumer prices declined for a fourth consecutive month in May, despite government efforts to boost domestic…
Primetals Technologies has received the Final Acceptance Certificate (FAC) from Jiangsu Shagang for the successful upgrade of the wire rod outlet and the rebuilding of the Morgan Reducing/Sizing Mill at Line No. 3 of…