Crude steel production in the Middle East increased by 6.8pct YoY to 7.1 mln tons in January-February 2026, according to data from the World Steel Association. In February alone, output inched higher 0.1pct YoY to 3.7…
Iron ore futures declined on Monday as lower Chinese steel production and rising supply weighed on market sentiment. Daily crude steel output among mills of the China Iron and Steel Association (CISA) fell 0.8pct during…
UAE-based steel and building materials producer EMSTEEL reported improved operational performance in 2025, supported by strong domestic demand and higher finished steel production. The company's crude steel production…
Turkish steel producer Kardemir reported a net loss of TRY 1.68 bln (USD 38 mln) in 2025, narrowing from a loss of TRY 3.97 bln in 2024, according to the company's stock exchange filing. The company's revenue declined…
India became a net exporter of finished steel during the first eleven months of fiscal year 2025-26, according to provisional government data cited by Reuters. Finished steel exports increased 36.6pct YoY to 6.02 mln…
JSW Steel reported a 2pct YoY decline in consolidated crude steel production to 2.366 mln tons in February 2026, according to a stock exchange filing. Production at the company's Indian operations edged down to 2.306…
Turkey's steel exports fell 18.4pct YoY to 911,800 tons in January 2026, while export revenues declined 21.1pct to USD 600.1 mln, according to the Turkish Steel Producers' Association (TCUD). During the same period…
Turkish steel profile producer Kocaer Celik reported net profit of TRY 473.5 mln (USD 10.77 mln) in 2025, up sharply from TRY108.5 mln in 2024, according to the company's annual financial statement. Net sales, however…
India's state-owned miner NMDC Ltd reported higher iron ore output and sales in February 2026, according to a stock exchange filing. The company produced 5.35 mln tons of iron ore during the month, compared with 4.62…
Turkey's crude steel production rose 5.8pct YoY to 3.38 mln tons in January 2026, according to data from the Turkish Steel Producers' Association (TCUD). Billet output increased 4.4pct to 2 mln tons, while slab…
Crude steel production in the Middle East rose 12.6pct YoY to 4.8 mln tons in January 2026, according to data from the World Steel Association. The regional total includes output from Bahrain, Iran, Iraq, Jordan…
Turkish steel producer Cemtas Celik reported a net loss of TRY 115.96 mln (USD 2.64 mln) for the full year 2025, widening from a net loss of TRY 39 mln recorded in 2024, according to the company's stock exchange…
Al Jazeera Steel Products Co. SAOG reported a strong improvement in profitability for the fiscal year ended 31 December 2025, according to its audited financial results. The company's net profit rose 35pct YoY to OMR…
Erdemir Group, one of Turkey's leading steelmakers, reported a steep decline in profitability in 2025, according to its latest financial results. The company's net profit fell sharply to TRY 694.3 mln (USD 15.8 mln)…
Qatar Steel, the steel subsidiary of Industries Qatar, reported a strong operational and financial performance in 2025, supported by a sharp increase in production and sales volumes following the restart of key…
Vale reported a 5.1pct YoY decline in iron ore pellet production at its Oman operations in 2025, with output falling to 8.72 mln tons, according to company data. In the fourth quarter of 2025, pellet production in Oman…
JSW Steel reported a 2pct YoY decline in consolidated crude steel production to 2.475 mln tons in January 2026, according to a stock exchange filing. Output from Indian operations edged up slightly to 2.458 mln tons…
ArcelorMittal reported net income of USD 3.15 bln in 2025, up sharply from USD 1.33 bln a year earlier, despite weaker steel prices and lower production. The company said the improvement in earnings was largely driven…
India's state-owned miner NMDC Ltd produced 5.56 mln tons of iron ore in January 2026, up 9pct YoY from 5.1 mln tons, according to a stock exchange filing. Iron ore sales also rose nearly 7pct YoY to 4.48 mln tons…
Turkey's steel sector closed 2025 with higher exports and production, supported by a recovery in domestic consumption in the second half, despite rising financing costs, aggressive import competition and mounting…