Kardemir cuts rebar prices
Turkish steelmaker Kardemir has updated its rebar prices, according to its latest price list. The new price for 12-32 mm rebar is set at TRY 21,460 per ton EXW (USD 544), reflecting a slight decrease from TRY 21,585 per…
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Turkish steelmaker Kardemir has updated its rebar prices, according to its latest price list. The new price for 12-32 mm rebar is set at TRY 21,460 per ton EXW (USD 544), reflecting a slight decrease from TRY 21,585 per…
UAE-based EMSTEEL, one of the region's largest publicly traded steel and building materials manufacturers, has received a provisional "AA" ESG rating from MSCI, placing it among the top performers in the global steel…
Iron ore futures fell on Wednesday, pressured by weak demand due to a seasonal slowdown in steel consumption. The summer lull has led several steel producers to scale back output, with China's crude steel production…
North Star BlueScope Steel has awarded Danieli the contract to modernize the run-out table laminar cooling system at its Quality Strip Production (QSP) facility in Delta, Ohio. The project also includes the installation…
Thyssenkrupp Steel has awarded Primetals Technologies a contract to modernize the slab sizing press at hot-strip mill # 2 in Duisburg, Germany. The project includes upgrading the electrical and drive systems with a new…
Turkey imported 1.1 mln tons of billets between January and April 2025, reflecting a 9pct YoY increase, according to data from the Turkish Statistical Institute (TUIK). Malaysia emerged as the leading supplier during…
Jinnan Iron & Steel Group has partnered with Metso for the supply of key process equipment for its upcoming greenfield iron ore concentrator plant in Sohar, Oman. The facility, located about 200 km north of Muscat, is…
East Pipes Integrated Company for Industry has announced the resignation of CEO Mohammed bin Abdulaziz Al Shaheen, citing personal reasons, according to a filing on the stock exchange. The company stated that it will…
Pakistan's large-scale manufacturing (LSM) sector posted a growth of 2.29pct YoY in April 2025, according to data from the Pakistan Bureau of Statistics (PBS). However, output declined by 3.2pct compared to March…
Iron ore futures edged down on Tuesday as market sentiment remained cautious amid an uncertain demand outlook. A seasonal slowdown in steel demand has led to reduced steel production, weighing on market confidence…
Zhejiang Jiuli Hi-Tech Metals Co., Ltd., a leading Chinese manufacturer of stainless steel and special alloy products, has ordered three cold pilger mills from SMS group, one KPW 50 LC and two KPW 25 LC, for its…
A new regulation by India's Ministry of Steel could severely disrupt supply chains and impose heavy compliance costs on micro, small, and medium enterprises (MSMEs), according to the Global Trade Research Initiative…
British Steel has signed a new GBP 500-mln (USD 679 mln), five-year contract with Network Rail, reaffirming its role as the UK's principal rail supplier. The deal includes an option for a three-year extension and…
Turkey imported 1.07 mln tons of HRC during the first four months of 2025, marking a 28pct decline compared to the same period last year, according to data from the Turkish Statistical Institute (TUIK). China remained…
Turkish long steel producer Diler Holding announced that its bar rolling mill achieved a new monthly production record in May. The company's integrated spooled production line produced 20,231 tons during the month, an…
The Pakistan Steel Melters Association (PSMA) has expressed deep concern over the 2025-26 Budget and Finance Bill, warning that the proposed reduction of customs and regulatory duties on steel billets to 5pct threatens…
Iron ore futures inched higher on Monday, supported by encouraging economic data, though the overall demand outlook remains weak. China's retail sales in May grew at their fastest pace since late 2023, boosted by…
Tata Steel plans to produce 10-15 mln tons of steel through recycling over the next 10-15 years, as part of its strategy to adopt low-carbon steelmaking technologies in India and Europe, CEO and MD T.V. Narendran said…
Godo Steel has contracted Danieli to modernize its 87-year-old medium-sized bar mill at the Himeji Works in Japan's Kansai region. The mill produces alloyed steel rounds, deformed rounds, and light rails. The upgrade…
ArcelorMittal Distribution Iberia is constructing a new state-of-the-art distribution center at its Villaverde plant in Madrid, a strategic logistics hub for steel distribution, long product processing, and recycling…
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