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Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.

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1,610 news items in Long. Show all

Godo Steel to upgrade bar mill at Himeji Works

Japan Japan

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…

Iron ore futures dip on weaker demand outlook

China China

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…

Kardemir reduces wire rod prices

Turkey Turkey

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…

Wire rod exports decline in Jan-Apr 2025

Turkey Turkey

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 decline amid bearish demand outlook

China China

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…

Rebar exports rise in Jan-Apr 2025

Turkey Turkey

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…

Kardemir achieves record steel shipments in May

Turkey Turkey

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…

Jiangsu Shagang modernizes wire rod mill

China China

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…

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