Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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Turkey's scrap import prices fell this week, pressured by sluggish steel demand following the Eid holidays. Current scrap import offers are in the range of USD 335-340 per ton CFR, marking a decrease of USD 5-10 per ton…
Turkey imported approximately 1.1 mln tons of billets between January and April 2025, reflecting an increase of nearly 9pct, according to data from the Turkish Statistical Institute (TUIK). Malaysia emerged as the…
Jindal Saw Ltd. has announced a capital expenditure plan totaling up to USD 118 mln to expand its presence in the Middle East's iron and steel sector. The company's board has approved three international investments…
The U.S. International Trade Commission (USITC) has launched a preliminary anti-dumping and countervailing duty (AD/CVD) investigation into imports of rebar from Egypt, Algeria, Bulgaria, and Vietnam. The probe follows…
Iron ore futures edged lower on Friday as market sentiment was weighed down by a weakening demand outlook. Rising iron ore inventories at major Chinese ports, driven by higher arrivals and slower offtake, added to…
Zhongshou Special Steel Group and Primetals Technologies have reached a significant milestone at Zhongshou's Arvedi ESP line project in Luanzhou, Hebei Province. Just 12 months after the contract launch, the first…
Voestalpine has successfully commissioned a suite of advanced processing equipment from Andritz at its Cold Rolling Mill #3 in Linz, Austria. The delivery includes a continuous pickling line, acid regeneration and…
Turkish steelmaker Kardemir has lowered its wire rod prices, according to the company's latest price list. The company's wire rod prices have been reduced by USD 10 per ton as compared to the prices announced on May 14…
Ukrainian steel pipe producer Interpipe has successfully delivered OCTG (Oil Country Tubular Goods) to a Turkish company for the South Akcakoca Sub-Basin (SASB) Gas Field Development Project, located offshore in the…
Jindal Shadeed Iron & Steel LLC is modernizing its eight-strand Concast continuous billet caster at its facility in Sohar Port, Oman, to meet growing demand from the construction sector. The strategic upgrade further…
Saudi Steel Pipe Co. (SSP) has announced a leadership restructuring, according to a recent filing with the stock exchange. The board has appointed Mohammed AbdulAziz AbdulRahman Al Shayea as Chairman and Carlos A…
Iran exported 105,000 tons of sponge iron, or DRI, worth USD 25 mln during the first month of the current fiscal year (March 21-April 21, 2025), marking a 33pct increase in volume and a 22pct rise in value, both on YoY…
Iron ore futures declined on Thursday, as lingering concerns over weak demand overshadowed the positive sentiment sparked by encouraging developments in U.S.-China trade talks. U.S. President Trump commented favorably…
ArcelorMittal Long Products Canada (AMLPC) has announced a restructuring of its wire drawing operations to enhance competitiveness and ensure long-term profitability, particularly in the telecommunications…
Turkish steel producer Kardemir has decreased its billet prices, according to the company's latest price list. Prices have been decreased by USD 5 per ton compared to prices announced on May 22, 2025. The company is now…
Turkey imported approximately 6.6 mln tons of scrap in the first four months of 2025, marking a nearly 4pct YoY decline, according to data from the Turkish Statistical Institute (TUIK). The Netherlands was Turkey's top…
Pomini Long Rolling Mills has signed a contract with Mawarid Alkhaleej Company to supply equipment and services for a new rebar rolling mill in Baghdad, Iraq. The company had previously conducted the feasibility study…
Iron ore futures rebounded on Wednesday, supported by renewed optimism in U.S.-China trade talks, although concerns about demand continued to weigh on the market. According to media reports, negotiators from both…
India's leading iron ore producer and exporter, National Mineral Development Corporation (NMDC), has announced a price reduction of INR 140-150 (USD 1.63-1.75) per ton, according to a filing with the stock exchange. The…
Tenaris played a key role in Brava Energia's successful completion of its first two casing drilling projects in the Alto do Rodrigues Field, located in Brazil's Potiguar Basin. With Tenaris's technical support, two…
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