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
1,605 news items in Long. Show all
Italian steelmaker Acciaierie Venete has commissioned a second Danieli Centro Maskin bar-straightening line at its Padova Works in Italy, strengthening its finishing capabilities for special bar quality (SBQ) products…
The global long steel market remains under pressure from subdued demand, while higher energy costs, supply disruptions and tighter trade restrictions are supporting prices, according to the International Rebar Producers…
The European Union's General Court has dismissed an appeal by Turkish steel producer Ozkan Demir Celik against the European Commission's definitive 13.6pct anti-dumping duty on its exports of steel bulb flats to the EU…
China's iron ore futures rebounded on Thursday, supported by renewed restocking interest from steel mills, although cautious steel demand continued to limit the upside. Market sentiment remained mixed, with Chinese…
China's iron ore futures dropped on Wednesday as concerns over steel demand limited buying interest. Market sentiment has cooled following the recent rally, with traders increasingly focused on the gap between…
ArcelorMittal plans to permanently end crude steel production and billet production at its Duisburg site from October 2027, while keeping the downstream wire rod mill in operation. The site's long-term pig iron supply…
Oman's Al Jazeera Steel Products Company SAOG has completed the incorporation and legal establishment of two wholly owned subsidiaries in the United States, strengthening its presence and supporting its international…
Mughal Energy Limited, a wholly owned subsidiary of Mughal Iron & Steel Industries Limited, has successfully commissioned the main 31.5 MW turbine of its captive hybrid power plant and achieved the Commercial Operation…
China's iron ore futures remained broadly stable on Tuesday as firmer raw material costs and expectations of seasonal demand were offset by cooler market sentiment. Market sentiment softened after the recent rally, with…
Saudi Arabia's Saudi Iron and Steel Company (Hadeed) has kept its domestic rebar prices unchanged for September production, while raising wire rod prices by SAR 100-125 (USD 27-33) per ton. Hadeed is offering 12-32 mm…
Turkey's scrap import prices remained broadly stable this week, with Turkish mills maintaining a cautious purchasing approach. MESTEEL assessed HMS 1&2 (80:20) at USD 375 per ton CFR Turkey, unchanged week-on-week…
China's iron ore futures strengthened on Monday, supported by tighter short-term supply, improving market sentiment and expectations of stronger steel demand ahead of the September peak season. China's iron ore arrivals…
The GCC beams market remains subdued amid seasonal weakness in demand, while shipping disruptions and higher freight costs are complicating imported supply. Due to geopolitical tensions and disruptions to seaborne…
China's iron ore futures edged lower on Thursday as rising coking coal and coke costs put further pressure on steel mills, while expectations of higher steel production and firmer seasonal demand provided some downside…
Turkish steelmaker Kardemir has concluded its latest sales round with higher billet and rebar prices, while firm scrap costs supported the increases. The producer sold S235JR-grade billet at USD 535 per ton EXW, up USD…
An explosion at the furnace control room of Yesilyurt Demir Celik's steel plant in Tekkekoy, Samsun province, Turkey, injured two operators, local media reported. The incident occurred at the company's facility in the…
China's iron ore futures strengthened on Wednesday as improving expectations for steel production provided support to the market, although rising iron ore supply limited the upside. Market sentiment improved as steel…
Tata Steel Ludhiana has received the Bureau of Indian Standards (BIS) licence under IS 14650:2023 for producing octagonal billets, becoming the first steel producer in India to receive the certification. The certified…
GCC rebar mills continue to face limited billet availability as vessel delays complicate deliveries into key markets. MESTEEL's August assessment puts UAE billet at USD 640-650 per ton, with buyers in the UAE and Saudi…
UAE's Emirates Steel, part of EMSTEEL Group, has kept its rebar prices unchanged for September production. The company maintained its price for 12-32 mm rebar at AED 2,921 (USD 795) per ton EXW, excluding 5pct VAT…
“Premium Content” marks a news item that needs a subscription to read in full.
