Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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The Brazilian government has extended its steel import quota system for another year to safeguard the domestic industry from unfair competition. The system, introduced by the Foreign Trade Chamber (Camex) in 2023, sets…
Outokumpu, a global leader in sustainable stainless steel, has partnered with Danish water solutions company Grundfos to accelerate the use of low-emission materials. As part of the collaboration, most of the stainless…
Turkish steelmaker Kardemir has announced updated rebar prices, according to its latest price list. The new price for 12-32 mm rebar is set at TRY 21,585 per ton EXW (USD 553), slightly up from TRY 21,550 per ton EXW…
Turkey imported approximately 447,000 tons of pig iron in the first quarter of 2025, marking a 1.4pct decline compared to the same period last year, according to data from the Turkish Statistical Institute (TUIK)…
Tubacex, a global leader in advanced industrial solutions for the energy and mobility sectors, has signed a strategic agreement with Adnoc, the UAE's integrated energy group, granting Adnoc exclusive rights to use…
Iron ore futures continued to decline on Wednesday as a weak demand outlook weighed heavily on market sentiment. Recent signs of slowing steel production have raised concerns over iron ore consumption. Weaker demand for…
Swedish steelmaker SSAB has taken successful legal action against two India-based companies, Naresh Steel & Engineering Co. and Parmar Steel, for dealing in counterfeit Hardox wear plates. The companies were found…
Primetals Technologies has received the Final Acceptance Certificate (FAC) from Outokumpu Stainless USA for the successful upgrade of process optimization systems at its Calvert, Alabama facility. The project involved a…
Arabian Pipes Company (APC) has announced a new supply contract with Saudi Aramco, according to a recent stock exchange filing. The agreement, valued at SAR 104 mln (USD 27.7 mln), involves the supply of pipes…
Algerian Qatari Steel (AQS) has achieved a major milestone with the European certification for its B500B rebar, in compliance with the technical requirements of the Kingdom of the Netherlands. The certification was…
Iran has signed an agreement with China's TCS company to provide engineering services for the construction of a sponge iron production unit in Kazakhstan, marking a key step in expanding regional industrial cooperation…
Iron ore futures continued to decline on Tuesday amid weakening demand fundamentals, driven by fresh reports of potential steel production cuts in China. Tang Zujun, vice-president of the China Iron and Steel…
Emirates Steel, a subsidiary of the EMSTEEL Group, has announced that rebar prices for June production will remain unchanged for the fifth straight month. The company has maintained its rebar price at AED 2,660 (USD…
EMSTEEL is set to further reduce carbon emissions at its Abu Dhabi steelworks with the installation of an e-PGH Pilot (electric Process-Gas Heater) at DRI Plant #1. The plant utilizes Energiron technology, co-developed…
Turkey's Saritas Celik has officially commenced work on an integrated stainless steel production facility in the Yalova Machinery Specialized Organized Industrial Zone. With an annual capacity of 800,000 tons, the…
Iron ore futures fell on Monday as weakening steel production, driven by slowing demand, dampened market sentiment. According to the China Iron and Steel Association (CISA), average daily crude steel output among its…
South Korea's Dongkuk Steel Mill has announced a temporary suspension of operations at its Incheon plant, citing ongoing weak demand and efforts to stabilize rebar supply. Production at both the rolling mill and…
Turkey's scrap import market increased this week, as suppliers pushed for increased prices despite resistance from Turkish mills. Current scrap import offers are assessed at USD 340-350 per ton CFR, compared with USD…
Micropolis, a UAE-based robotics manufacturer, has signed a Memorandum of Understanding with Emirates Steel, part of the EMSTEEL Group, a leading local producer of steel and construction materials. The agreement marks…
NMDC Energy, a leading provider of EPC services for offshore and onshore energy sectors, has signed a strategic Memorandum of Understanding with Abu Dhabi-based Al Gharbia to explore opportunities for accelerating pipe…
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