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
Middle East crude steel production declined 13.4pct YoY to 3.8 mln tons in July 2026, according to World Steel Association data. During the January-July period, regional output fell 8.1pct YoY to 29.6 mln tons. The…
China's Baoshan Iron & Steel (Baosteel) reported a 6.3pct YoY decline in net profit attributable to shareholders to 4.57 bln yuan (USD 680 mln) in the first half of 2026, despite a 6.2pct increase in revenue to 160.73…
Iron ore futures fell on Thursday as weak steel demand outweighed support from firmer coke and coking coal prices. Crude steel production among China Iron and Steel Association (CISA) member mills fell 3.4pct YoY to 473…
Turkey's Izmir Demir Celik reported a consolidated net loss of TRY 529.4 mln (USD 11.1 mln) in January-June 2026, narrowing from TRY 949.3 mln a year earlier, despite weaker revenue and a sharp deterioration in…
Turkey's Kardemir posted a consolidated net profit of TRY 5.98 bln (USD 124.7 mln) in January-June 2026, compared with a net loss of TRY 335.8 mln in the same period last year, while EBITDA rose 49.4pct YoY to TRY 4.75…
Qatar Steel, the steel subsidiary of Industries Qatar, reported a 39pct YoY increase in net profit to QAR 367 mln (USD 100.8 mln) in H1 2026, supported by higher average selling prices and lower operating costs despite…
Iron ore futures weakened on Monday as high port inventories and weaker Chinese economic data offset improving steel market sentiment and stronger coking coal prices. Chinese steel traders said finished steel…
Tosyali Algerie's DRI II plant produced 248,601 tons in May 2026, setting the highest-ever monthly production recorded by a single Midrex DRI plant, according to the company. The company's average productivity reached…
Turkish special steel producer Cemtas Celik reported a net loss of TRY 172.6 mln (USD 3.6 mln) in the first half of 2026, compared with a net profit of TRY 19.9 mln in the same period of 2025. The company's net sales…
JSW Steel's consolidated crude steel production increased 3pct YoY to 2.402 mln tons in July 2026 from 2.327 mln tons a year earlier, according to the company's latest production update. Indian operations produced 2.339…
Turkish integrated steel producer Erdemir Group reported a sharp increase in profitability during the first half of 2026, supported by higher production, stronger sales and improved operating performance following the…
Turkey's steel product exports increased in the first half of 2026, supported by stronger shipments to markets including the Middle East, South America and the UK, according to data from the Turkish Steel Producers…
State-owned miner NMDC reported a sharp increase in iron ore production in July 2026, while sales remained broadly stable compared with the same month last year. Iron ore production increased 31pct YoY to 4.06 mln tons…
Tata Steel reported stronger financial results for the quarter ended June 30, 2026, as robust performance from its domestic operations offset continued weakness in its European business. Consolidated EBITDA increased…
ArcelorMittal reported improved second-quarter earnings and said it expects stronger steel shipments in Europe during the second half of 2026, supported by the European Union's revised tariff rate quota (TRQ) system and…
India's Jindal Steel reported consolidated adjusted EBITDA of INR 2,667 crore (USD 277.8 mln) for the first quarter of fiscal year 2026/27, as improved steel realizations, disciplined cost management and a higher share…
India's Steel Authority of India Ltd. (SAIL) reported a sharp increase in first-quarter profit for the 2026/27 fiscal year despite lower steel production and sales volumes, supported by improved operational efficiency…
Crude steel production in the Middle East declined by 13.4pct YoY to 4.0 mln tons in June 2026, according to data from the World Steel Association. During the January-June period, regional crude steel production fell by…
India's JSW Steel reported higher revenue and profit for the first quarter of fiscal year 2026-27, supported by record first-quarter steel sales, improved realizations and stronger operating margins. Revenue from…
Iron ore futures were little changed on Thursday as resilient Chinese steel production and a weekly drawdown in port-side inventories helped offset concerns over the medium-term demand outlook. According to the China…
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