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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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Premium Content Iron ore gains on restocking hopes and cost support

China China

China's iron ore futures rose on Tuesday, extending the previous day's gains, as expectations of pre-holiday restocking and firmer sentiment across the steel market continued to support prices. Analysts said steel mills…

Steel exports decline in Jan-Aug 2026

China China

China's finished steel exports declined 3pct YoY to 75.15 mln tons during the first eight months of 2026, according to the latest data from the General Administration of Customs (GACC). Despite the cumulative decline…

Premium Content Steel imports decline 8pct in Jan-Jul 2026 YoY

Lebanon Lebanon

Lebanon's steel imports declined by around 8pct YoY to 432,800 tons in Jan-Jul 2026, from 470,600 tons in the corresponding period of 2025, according to Lebanese Customs data. Rebar under HS code 7214 remained by far…

Rebar exports increase in Jan-Jul 2026

Turkey Turkey

Turkey's rebar exports increased 12.3 pct YoY to 2.65 mln tons in the first seven months of 2026, according to Turkish Statistical Institute (TUIK) data. Yemen remained the largest destination, receiving around 492,500…

Premium Content Iron ore futures rise on improved sentiment

China China

China's iron ore futures rose on Monday, supported by expectations of increased steel mill restocking ahead of China's October National Day holiday, although concerns over steel demand remain. Market insiders said…

Scrap imports increase in Jan-Jul 2026

Turkey Turkey

Turkey imported 11.3 mln tons of scrap in the first seven months of 2026, up 3.7pct YoY, according to data from the Turkish Statistical Institute (TUIK). The United States remained Turkey's largest scrap supplier during…

Govt begins overhaul of Gadani shipbreaking yard

Pakistan Pakistan

Govt has started work on a PKR 12 bln (USD 43.3 mln) project to modernize the Gadani shipbreaking yard, with infrastructure upgrades aimed at bringing the facility in line with international safety and environmental…

Premium Content Iron ore futures rise on near-term supply support

China China

China's iron ore futures rose on Friday, supported by near-term supply-side factors, although cautious steel demand continued to limit the upside. A weekly decline in iron ore port inventories provided support to…

Premium Content Hoa Phat raises domestic HRC prices for October

Vietnam Vietnam

Vietnam's leading steelmaker Hoa Phat Group has raised its domestic HRC prices for October delivery, following three consecutive months of reductions, as seasonal demand is expected to improve and import prices have…

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