Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
Got a story for the Middle East steel market? Submit news
3,600 news items in Products. Show all
Syria's Ministry of Economy and Industry has signed a 30-year memorandum of understanding with Saudi Arabia's Ithraa Group to rehabilitate, modernize and operate the General Company for Iron and Steel Products in Hama…
Mughal Energy Limited, a wholly owned subsidiary of Mughal Iron & Steel Industries Limited, has successfully commissioned the main 31.5 MW turbine of its captive hybrid power plant and achieved the Commercial Operation…
Asian HRC prices have strengthened in recent weeks, supported by rising raw material costs in China and expectations of improving seasonal demand, although buying interest remains cautious in several markets. In China…
China's iron ore futures remained broadly stable on Tuesday as firmer raw material costs and expectations of seasonal demand were offset by cooler market sentiment. Market sentiment softened after the recent rally, with…
India's state-owned NMDC Ltd. has started the dry-out of the indurating machine at its pellet plant in Nagarnar, marking a key milestone towards commissioning of the facility. The dry-out involves gradually heating the…
Saudi Arabia's Saudi Iron and Steel Company (Hadeed) has kept its domestic rebar prices unchanged for September production, while raising wire rod prices by SAR 100-125 (USD 27-33) per ton. Hadeed is offering 12-32 mm…
Turkey's scrap import prices remained broadly stable this week, with Turkish mills maintaining a cautious purchasing approach. MESTEEL assessed HMS 1&2 (80:20) at USD 375 per ton CFR Turkey, unchanged week-on-week…
Saudi Arabia's Group Five Pipe Saudi Company reported a 14.3pct YoY increase in net profit to SAR 143.1 mln (USD 38 mln) in the first half of 2026, supported by lower production costs per ton. Revenue increased 2.5pct…
China's iron ore futures strengthened on Monday, supported by tighter short-term supply, improving market sentiment and expectations of stronger steel demand ahead of the September peak season. China's iron ore arrivals…
Xinyu Iron and Steel, part of Baowu Group, has commissioned a new production facility with annual capacity of 250,000 tons of non-grain-oriented (NGO) electrical steel, with key process technologies supplied by Fives. A…
ArcelorMittal Brasil has approved a BRL 4-5 bln (USD 0.7-0.9 bln) investment to install a cold rolling mill and continuous coating line at its Tubarao unit in Serra, Espirito Santo. The project will enable the company…
Tubos y Flejes SLU (Tuflesa), part of the Bornay Group, has commissioned SMS group to modernize the sizing section of its ERW tube line at its Las Torres de Cotillas plant near Murcia, Spain. The ERW-RD-240 line…
Salzgitter Flachstahl, a subsidiary of Salzgitter AG, has launched TektoSal 450, a new wear-resistant special steel available as strip steel for applications exposed to abrasive wear. The material combines high hardness…
Cogne Acciai Speciali has awarded Danieli Service a modernization project to upgrade the cooling chamber of the continuous casting machine for special steel blooms at its Aosta plant in Italy. The project aimed to…
The GCC beams market remains subdued amid seasonal weakness in demand, while shipping disruptions and higher freight costs are complicating imported supply. Due to geopolitical tensions and disruptions to seaborne…
Turkey's Borusan Pipe's US subsidiary, Borusan Berg Pipe, has secured new sales orders worth approximately USD 555 mln following commercial negotiations in the US market. The orders are expected to be produced and…
Chinese tubular products manufacturer Dalipal Holdings has signed a 25-year lease for a 1.03 mln sq m plot at King Salman Energy Park (SPARK) in Dammam, Saudi Arabia, where it plans to establish a manufacturing and R&D…
China's iron ore futures edged lower on Thursday as rising coking coal and coke costs put further pressure on steel mills, while expectations of higher steel production and firmer seasonal demand provided some downside…
Indian steelmaker JSW Steel has placed an order for two pelletizing plants with a combined capacity of 16 mln tons per year at its Paradeep facility in Odisha, as the company continues to expand its iron ore processing…
Japan's JFE Steel has been selected for a research and development project aimed at developing steel pipe materials for transporting high-pressure CO2, supporting the deployment of carbon capture and storage (CCS)…
“Premium Content” marks a news item that needs a subscription to read in full.
