Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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Iron ore futures ended nearly flat on Thursday, with short-term fundamentals providing support, though uncertainty over the long-term outlook continued to weigh on sentiment. The market found support from falling steel…
Salzgitter Mannesmann International GmbH (SMID) and Mannesmann Grossrohr GmbH (MGR) have signed a major agreement with Munich-based CNT Bau, a subsidiary of Portugal's Casais Group, for the supply of spiral-welded…
Turkish steelmaker Kardemir has announced updated prices for its long steel products. The price of 12-32 mm rebar has been increased to TRY 21,165 (USD 556) per ton ex-works, up from TRY 20,875 (USD 570) per ton set on…
Turkey imported approximately 703,000 tons of slab in the first two months of 2025, marking a 20pct increase compared to the same period last year, according to data from the Turkish Statistical Institute (TUIK). In…
Turkish modular solutions manufacturer Karmod has exported stainless steel silo storage tanks to Libya for use in industrial production facilities. The shipment included four 10,000-liter tanks delivered to a food…
Iron ore futures traded in a narrow range on Wednesday, as the market weighed mixed signals. While higher steel production and encouraging economic data lent some support, lingering trade tensions between China and the…
Chinese steelmaker Angang Ltd. has issued the Final Acceptance Certificate (FAC) to Primetals Technologies for completing a major automation upgrade at its 3.8-meter plate mill in Bayuquan, Liaoning province. Primetals…
Global stainless steel production rose 7pct YoY in 2024, reaching 62.6 mln tons, according to the latest data from the World Stainless Association (Worldstainless). China maintained its position as the world's largest…
Turkey imported 652,000 tons of HRC in the first two months of 2025, reflecting a 2.3pct decline compared to the same period last year, according to data from the Turkish Statistical Institute (TUIK). China remained the…
Iron ore futures rose on Tuesday, supported by a decline in imports and steady domestic steel demand. However, the market remains cautious due to lingering concerns over ongoing China-U.S. trade tensions. Higher…
India's iron ore exports to China dropped nearly 50pct in FY25 to 24.14 mln tons, down from 45.36 mln tons the previous year, as slowing economic activity and steel oversupply in China dampened demand. China accounted…
Hoa Phat Group has signed a contract with Primetals Technologies to supply a high-quality steel casting and rolling line with an annual capacity of 500,000 tons. The move is aimed at expanding Hoa Phat's production of…
Severstal continues to enhance the automation of quality control for rolled metal products, implementing 12 computer vision systems at the Cherepovets Metallurgical Plant (CherMK). These systems, developed by Severstal…
Arabian Pipes Company (APC) has secured a new supply contract with EPC contractor C.A.T. International LLC, according to a disclosure filed with the stock exchange. Valued at SAR 107 mln (USD 28.4 mln), the agreement…
Pakistan's construction sector remains sluggish, weighed down by persistently high steel prices that continue to discourage both public and private development activity, according to a local newspaper report. Despite…
Iron ore futures edged slightly higher on Monday, buoyed by encouraging loan data from China, though lingering concerns about long-term demand continued to weigh on market sentiment. According to data released by the…
China's steel exports rose 6.3pct YoY in the first quarter of 2025, reaching 27.42 mln tons, according to data from the General Administration of Customs. In March alone, exports grew 5.76pct YoY to 10.46 mln tons…
Spartan UK, part of the Metinvest Group, supplied 1,000 tons of HR plates for the construction of Everton Football Club's new 52,888-capacity stadium at Bramley-Moore Dock, completed in 2024. The plates played a crucial…
The UK government has temporarily taken control of British Steel to prevent the imminent closure of its blast furnaces and secure critical raw materials for continued operations at the Scunthorpe plant. Parliament…
Scrap import prices in Turkey declined this week, pressured by subdued buying activity from steel mills amid weak finished steel demand. Prices were assessed at USD 365-370 per ton CFR, down from USD 380 per ton CFR…
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