Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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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…
Thyssenkrupp Steel has concluded a comprehensive restructuring agreement with Germany's industrial union IG Metall under the initiative titled "Steel Realignment." The agreement, reached after extensive negotiations…
Omani steelmaker Al Jazeera Steel Products Co. SAOG reported a strong 60pct YoY jump in net profit for the first half of 2025, according to its unaudited financial results. Net profit rose to OMR 4.12 mln (USD 10.6 mln)…
Turkey imported approximately 8.1 mln tons of scrap in the first five months of 2025, reflecting a 5.5pct YoY decrease, according to data from the Turkish Statistical Institute (TUIK). The Netherlands emerged as the…
Iron ore futures edged up slightly on Tuesday, buoyed by encouraging economic data from China, though lingering demand concerns limited further gains. China's GDP grew 5.2pct YoY in Q2 2025, according to the National…
Toyota Tsusho Corporation has completed the full acquisition of U.S.-based Radius Recycling, Inc. through its subsidiary, Toyota Tsusho America, Inc. The deal was finalized on July 11, 2025, making Radius a wholly owned…
Turkey exported approximately 413,400 tons of wire rod in the first five months of 2025, down 4pct YoY, according to data from the Turkish Statistical Institute (TUIK). Romania was the largest importer during this…
Saudi Aramco will for the first time use hydrogen-induced cracking (HIC)-resistant steel from South Korea's Posco at its Fadhili gas plant, as part of efforts to support the facility's major expansion. Posco announced…
Algerian steelmaker Alfapipe, a subsidiary of the National Steel Holding Company, has commenced operations at its new steel pipe manufacturing facility in Battioua, Oran Province. The facility has an annual production…
Iron ore futures edged higher on Monday, supported by robust trade figures, though lingering concerns over demand tempered gains. China's exports rose 5.8pct YoY in June 2025 (in USD terms), according to customs data…
China's steel exports rose 9.2pct YoY in the first half of 2025, reaching 58.1 mln tons, according to the General Administration of Customs. In June alone, exports increased 10.7pct YoY to 9.67 mln tons. However, they…
Russia's Magnitogorsk Iron and Steel Works (PJSC MMK) has begun producing corrosion-resistant steel with a zinc-aluminum-magnesium (ZAM) alloy coating, offering enhanced durability, cost-efficiency, and sustainability…
Turkey's imported scrap market saw a slight uptick this week, even as sluggish finished steel sales slowed buying activity. Current import offers are assessed at USD 340-345 per ton CFR, up slightly from last week's USD…
Jindal Steel Oman has signed a two-year, USD 1 bln partnership with ArcelorMittal Tubular Products Al-Jubail (AMTPJ), a leading Saudi Arabian seamless pipe producer. Under the agreement, the Omani integrated steelmaker…
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