Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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Jindal Steel has successfully commissioned its first continuous galvanising line (CGL 1) at its integrated steel complex in Angul, Odisha, marking a key milestone in expanding its coated steel product range. The new…
Tokyo Steel has awarded Primetals Technologies, in collaboration with thermal tech specialist Chugai Ro and electrification provider Hitachi, a contract to upgrade its hot-dip galvanizing line at the Okayama Works. The…
SSAB has secured an additional EUR 430 mln (USD 504 mln) in green financing to advance its transformation project in Lulea, Sweden. This follows a successful debt raising in April 2025 and supports the construction of a…
Turkish steelmaker Kardemir has announced its sales allocation plan for the third quarter of 2025, shifting its product mix by reducing allocations for billets and profiles, while increasing the supply of rebar and wire…
The Pakistani government has approved approximately USD 42 mln for the redevelopment of the Gadani shipbreaking yard in Balochistan, aiming to transform it into a model green facility aligned with international…
Iron ore futures rebounded on Thursday, supported by firm near-term fundamentals and growing expectations of economic stimulus, despite lingering concerns over steel demand. Chinese blast furnace-based steelmakers…
Tenaris has announced plans to build a new service center in Northeastern British Columbia to support drilling operations in the Montney formation, a key oil and gas region in Canada. The company has signed a definitive…
Turkish steelmaker Kardemir has kept its wire rod prices unchanged, according to its latest price list. The company maintained prices at USD 590 per ton EXW for 5.5 mm SAE 1006 grade and USD 580 per ton EXW for 5.5 mm…
Turkey imported around 700,000 tons of pig iron during the first four months of 2025, a 26pct rise compared to the same period last year, according to data from the Turkish Statistical Institute (TUIK). Russia remained…
Iron ore futures extended losses on Wednesday, weighed down by a weak demand outlook. Market sentiment remained bearish amid rising shipments from major miners and expectations of a seasonal slowdown in steel demand…
Chinese steelmaker Hubei Shunle has successfully commissioned two EAF Quantum electric arc furnaces from Primetals Technologies at its plant in Hubei Province. Designed for high efficiency, the furnaces support annual…
ArcelorMittal has signed an agreement to sell its operations in Bosnia and Herzegovina to Pavgord Group. The deal includes ArcelorMittal Zenica, an integrated steel plant, and ArcelorMittal Prijedor, an iron ore mining…
Elbe-Stahlwerke Feralpi has successfully commissioned its new rolling mill, Walzwerk B, in Riesa, Germany. Featuring the latest technologies, the mill connects directly to an existing continuous caster via a 300-meter…
Emirates Steel, a subsidiary of the EMSTEEL Group, has announced that rebar prices for July production will remain unchanged for the fifth month in a row. The company has maintained its rebar price at AED 2,480 (USD…
Turkey's Ministry of Commerce has extended anti-dumping duties on imports of stainless steel tubes and hollow sections from China and Taiwan, following a review to assess the need for continuing the measures. The…
East Pipes Integrated Company for Industry has signed a contract worth over SAR 40 mln (USD 10.65 mln), including VAT, with Abdullah Ibrahim Al Sayegh & Sons Co. (Al Sayegh), according to a statement to Tadawul. Under…
Pakistani rebar manufacturer Dost Steels Limited (DSL) plans to raise PKR 4.45 bln (USD 15.6 mln) through a rights issue to fund the installation of a billet-producing melting furnace and support working capital needs…
Iron ore futures declined on Tuesday, pressured by an increase in shipments from major producers and lingering uncertainty over steel demand. Market sources noted that iron ore shipments from Australia and Brazil surged…
Commercial Metals Company (CMC) has successfully completed the modernization of its rolling mill in Tennessee, in partnership with Automazioni Industriali Capitanio (AIC). The project, delivered on schedule, focused on…
Tata Steel Nederland has joined the Low Emission Steel Standard (LESS), an independent non-profit organization promoting the steel industry's transition to climate neutrality, the company announced in a press release…
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