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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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356 news items in Production Statistics. Show all

Steel trade balance weakens in Q1 - TCUD

Turkey Turkey

Turkey's steel exports decreased by 6.8pct YoY to 3.5 mln tons in the first quarter of 2026, while export revenues fell by 9.4pct to USD 2.3 bln, according to the Turkish Steel Producers' Association (TCUD). In March…

NMDC reports higher iron ore output in April

India India

India's state-owned miner NMDC Limited reported a 16pct YoY increase in iron ore production for April 2026, reaching 4.64 mln tons. The company's iron ore sales rose by 1.4pct YoY to 3.68 mln tons during the month. The…

Erdemir Q1 profit declines 9.4pct YoY, output rises

Turkey Turkey

Turkish steel producer, Erdemir Group reported a 9.4pct YoY decline in profitability in the first quarter of 2026, according to its latest financial results. Net profit fell to TRY 405.8 mln (USD 9.0 mln) from TRY 447.9…

Baosteel Q1 profit declines 8.6pct YoY

China China

China's Baoshan Iron & Steel Co. reported weaker profitability in the first quarter of 2026, with net profit attributable to shareholders falling 8.6pct YoY to 2.23 bln yuan (USD 326 mln). Revenue rose 5.7pct YoY to…

Steel trade balance turns positive in FY26

India India

India became a net exporter of finished steel in the financial year ended 31 March 2026, supported by higher exports and a sharp decline in imports, according to a Reuters report citing provisional government data…

Hoa Phat Q1 profit jumps on strong steel sales

Vietnam Vietnam

Hoa Phat Group reported revenue of over VND 53.3 trillion (USD 2 bln) and net profit of VND 9.06 trillion (USD 344 mln) in the first quarter of 2026, up 40pct and 170pct YoY, respectively. Profit reached 41pct of the…

Iron ore rallies on strong data, macro support

China China

Iron ore futures rose sharply on Thursday, supported by improved demand indicators and positive macro sentiment, although supply-side pressures remain. China Iron and Steel Association (CISA) data showed member mills'…

JSW Steel FY26 crude steel output rises 8pct YoY

India India

JSW Steel reported an 8pct YoY increase in consolidated crude steel production to 30.14 mln tons in FY26, according to a stock exchange filing. Production from its Indian operations rose 8pct to 29.25 mln tons. Capacity…

Tata Steel posts record FY26 output, deliveries

India India

Tata Steel reported its strongest-ever annual performance in India in FY26, supported by higher crude steel output driven by the ramp-up at Kalinganagar, partly offset by the relining shutdown of the 'G' blast furnace…

NMDC achieves record iron ore output in FY26

India India

Indian state-owned miner NMDC reported record iron ore production of 53.15 mln tons in the financial year ending March 31, 2026 (FY26), marking a 20.6pct YoY increase. The milestone makes NMDC the first mining company…

Steel exports decline in early 2026 - TCUD

Turkey Turkey

Turkey's steel exports fell 13.5pct YoY to 2 mln tons in the first two months of 2026, while export revenues declined 15.2pct to USD 1.3 bln, according to the Turkish Steel Producers' Association (TCUD). In February…

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