Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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Steel Exchange India Limited (SEIL) has secured a contract from Rashtriya Ispat Nigam Limited (RINL) to convert 120,000 tons of billets per year into rebars. Valued at up to INR 210 crore (USD 24.3 mln), the two-year…
State-owned Steel Authority of India Ltd (SAIL) has supplied more than 31,000 tons of steel for the Zojila tunnel project, which is set to become India's longest road tunnel and Asia's longest bi-directional tunnel once…
BHP Group reported record iron ore production for FY2025, ending June 30, overcoming disruptions from Tropical Cyclone Zelia and Tropical Storm Sean. The ahead-of-schedule ramp-up of the second concentrator at Samarco…
Turkey's imported scrap prices remained largely stable this week, as buying activity slowed due to weak finished steel sales and resistance from steel mills to accept higher scrap offers. Import offers were assessed in…
Iron ore futures rose on Friday, supported by firm near-term fundamentals and expectations of upcoming policy support from Beijing. Healthy profit margins have prompted blast furnace-based steel mills to boost…
Hebei MFG Metallurgical Materials Technology Co. will add a new annealing furnace to its continuous galvanizing line as part of its precision alloy color coating project in Changzhou, Jiangsu Province. The furnace will…
India's Stella Metal & Tubes has awarded Danieli Breda a contract to supply a 20-MN steel extrusion plant in Gujarat to meet rising demand for stainless steel and corrosion-resistant alloy (CRA) pipes, primarily for oil…
ArcelorMittal is supplying CO2-reduced reinforcing steel for Hamburg's new U5 underground line, the company announced in a press release. The U5 line will link the city center with eastern and western districts and is…
Turkey imported 1.6 mln tons of billets in the first five months of 2025, marking a YoY increase of nearly 36pct, according to data from the Turkish Statistical Institute (TUIK). Malaysia was the top supplier during…
Turkish stainless steel producer Saritas Celik is set to commission the second phase of its solar power plant (SPP) project at its Gebze facility, aiming to further cut carbon emissions and support its green production…
Algerian state-owned steelmaker Al Solb (formerly Sider El Hadjar), a subsidiary of the National Steel Holding Company (SNS), has entered into a partnership agreement with Algerian Qatari Steel (AQS) to enhance domestic…
Iron ore futures extended gains on Thursday, supported by short-term supply constraints and firm steel production. A decline in iron ore inventories at major Chinese ports and improved profit margins has encouraged…
Chinese steel producers are increasingly exporting semi-finished products like billets to avoid tariffs imposed on finished steel in markets such as Indonesia and Turkey, according to a Reuters report citing industry…
ArcelorMittal Nippon Steel India (AM/NS India) has commissioned a new state-of-the-art Continuous Galvanising Line (CGL) at its flagship Hazira plant in Gujarat, the company announced. The new facility makes AM/NS India…
SMS group has successfully commissioned a fully integrated and automated forging line at Perryman Company's site in Pennsylvania, USA. The new line includes a high-speed 40/45 MN open-die forging press and an SMX 500/15…
Lebanon's steel imports jumped 66.3pct YoY in the first four months of 2025, reaching 332,070 tons, according to data from Lebanese Customs. Rebar accounted for a major share of the imports. Between January and May…
Iron ore futures rose on Wednesday, supported by firm near-term fundamentals despite lingering demand concerns. While overall steel production has declined, blast furnace-based producers have maintained high output…
Vietnamese steel producers Ton Dong A has reaffirmed its partnership with Danieli by ordering a new cold rolling mill to process 400,000 tons per year of low-carbon steel strip. The twin-stand reversing cold-strip mill…
SSAB has entered a long-term partnership with Metal Solutions to supply fossil-free steel with near-zero carbon emissions. Building on a successful collaboration, the agreement reflects a shared commitment to…
Arvedi AST, a leading European stainless steel producer, has selected Fives to upgrade its cold annealing and pickling line to enhance productivity and meet growing demand in the food, chemical, construction, and…
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