Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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356 news items in Production Statistics. Show all
Turkish steelmaker Karabuk Demir Celik (Kardemir) reported a larger net loss for the first quarter of 2025, according to its latest financial results. The company's net loss increased to TRY 1.48 bln (USD 38.2 mln), up…
Turkey's leading steel producer, Erdemir Group, reported a significant drop in net profit for the first quarter of 2025, according to its latest financial results. In Q1 2025, the company posted a net profit of TRY…
According to the Turkish Steel Producers' Association (TCUD), Turkey's steel exports rose by 18.5pct YoY in Q1 2025, reaching 3.8 mln tons. Export value also saw a modest increase of 8.4pct, totaling USD 2.6 bln. In…
India's Jindal Steel & Power Ltd (JSPL) reported a sharp drop in net profit for the financial year ending March 31, 2025 (FY25), according to its latest financial statement. While revenue declined marginally by 0.5pct…
ArcelorMittal, one of the world's leading integrated steel and mining companies, reported a net income of USD 805 mln for the first quarter of 2025, down from USD 938 mln in the same period last year. Quarterly sales…
Baoshan Iron & Steel Co. (Baosteel), China's largest listed steelmaker, reported a 26.4pct YoY increase in net profit for the first quarter of 2025, reaching 2.434 bln yuan (USD 333 mln), up from 1.926 bln yuan in the…
Crude steel production in the Middle East fell 8pct YoY to 13.3 mln tons in the first quarter of 2025, according to the World Steel Association. However, March showed signs of recovery, with output rising nearly 2pct…
Al Gharbia Pipe Company (AGPC), an Abu Dhabi-based manufacturer of longitudinally submerged arc welded (LSAW) steel pipes, has reached a significant production milestone of 500,000 tons at its facility in Khalifa…
Vale's iron ore pellet production in Oman rose 15.2pct YoY in Q1 2025, reaching 1.974 mln tons. However, this marked a 26.3pct decline compared to the previous quarter. Globally, Vale's total iron ore output fell 4.5pct…
Pakistan's Large-Scale Manufacturing (LSM) sector contracted by 3.51pct YoY in February 2025, continuing a downward trend that has persisted since August 2024, with the exception of October, according to the Pakistan…
Global stainless steel production rose 7pct YoY in 2024, reaching 62.6 mln tons, according to the latest data from the World Stainless Association (Worldstainless). China maintained its position as the world's largest…
JSW Steel reported its highest-ever quarterly consolidated crude steel production of 7.63 mln tons in Q4 FY25, marking a 12pct YoY increase and a 9pct rise from the previous quarter, according to a stock exchange…
Tata Steel's consolidated steel production rose by 3.54pct YoY to 30.75 mln tons in FY25, according to the company's filing with the stock exchange. Consolidated steel deliveries for the same period reached 30.86 mln…
Turkey's steel exports rose by nearly 12pct YoY in the first two months of 2025, reaching 2.3 mln tons. The export value also saw a modest increase of 2.8pct, totaling USD 1.5 bln, according to the Turkish Steel…
Emirates Steel, a subsidiary of the EMSTEEL Group and one of the UAE's leading steel producers, reported strong growth in its finished steel segment in 2024, according to its annual report. While crude steel production…
Crude steel production in the Middle East fell by 13.5pct YoY to 7.9 mln tons in the first two months of 2025, according to the World Steel Association. In February alone, output declined 11.5pct YoY to 3.7 mln tons…
Iron ore futures edged higher on Wednesday, supported by firm near-term demand, though the broader outlook remains uncertain due to steel production curbs by some Chinese mills. Chinese steelmakers have ramped up output…
Turkish steel manufacturer Kocaer Celik reported a sharp decline in net profit for 2024. In a stock exchange filing, the company announced a net profit of TRY 83.12 mln (USD 2.26 mln), a significant drop from TRY 1.7…
Iran's steel production has faced a 6.7pct decline in the first 11 months of the current Iranian calendar year (March 2024-February 2025), according to the Iranian Steel Producers Association (ISPA). The downturn has…
Iron ore futures fell on Monday as weak steel output and struggling property data in China raised concerns about demand for the key steelmaking raw material. According to China's National Bureau of Statistics (NBS)…
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